Tag Archives: Huawei


Huawei

Tech Giant Huawei is laying off over 600 people in the US

07 July, 2019 10:05 am 10:05 am

NEW YORK (Web Desk) – Huawei is going to lay off more than 600 workers in the United States as the Chinese technology giant continues to struggle with new restrictions from the Trump administration. The layoffs, announced Tuesday, will take place at Futurewei, which is Huawei’s US-based research and development subsidiary. The company blamed the … Read More



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Britain delays decision on Huawei’s role in 5G networks

07 July, 2019 11:23 am 11:23 am

LONDON (Reuters) – Britain on Monday postponed a decision on whether Huawei [HWT.UL] could participate in building next-generation 5G mobile networks until it had a clearer picture of the impact of US measures taken against the Chinese company. “These measures could have a potential impact on the future availability and reliability of Huawei’s products, together … Read More



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White House to host meeting with tech executives on Huawei ban

07 July, 2019 10:13 am 10:13 am

WASHINGTON (Reuters) – White House economic adviser Larry Kudlow will host a meeting with semiconductor and software executives on Monday to discuss the US ban on sales to China’s Huawei Technologies Co Ltd, two sources briefed on the meeting said on Friday. Treasury Secretary Steven Mnuchin will also attend the White House event, to which … Read More



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US firms may get nod to restart Huawei sales in two-four weeks

07 July, 2019 10:59 am 10:59 am

WASHINGTON (Reuters) – The US may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior US official, in a sign President Donald Trump’s recent effort to ease restrictions on the Chinese company could move forward quickly. Huawei, the world’s largest telecommunications equipment maker, was … Read More



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US government staff told to treat Huawei as blacklisted

07 July, 2019 8:55 am 8:55 am

WASHINGTON (Reuters) – A senior US official told the Commerce Department’s enforcement staff this week that China’s Huawei should still be treated as blacklisted, days after US President Donald Trump sowed confusion with a vow to ease a ban on sales to the firm. Trump surprised markets on Saturday by promising Chinese President Xi Jinping … Read More



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China warns of long road ahead for deal with US after ice-breaking talks

06 June, 2019 8:29 am 8:29 am

OSAKA (Reuters) – China and the United States will face a long road before they can reach a deal to end their bitter trade war, with more fights ahead likely, Chinese state media said after the two countries’ presidents held ice-breaking talks in Japan. The world’s two largest economies are in the midst of a … Read More



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Huawei employees worked with China military on research projects

06 June, 2019 8:53 am 8:53 am

(Reuters) – Huawei Technologies Co employees worked on at least 10 research projects with Chinese armed forces personnel over the past decade, Bloomberg reported on Thursday, collaborations the Chinese company said it was not aware of. Huawei workers teamed up with members of various organs of China’s People’s Liberation Army (PLA) in projects spanning artificial … Read More



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Facebook suspends app pre-installs on Huawei phones

06 June, 2019 8:45 am 8:45 am

SAN FRANCISCO (Reuters) – Facebook Inc is no longer allowing pre-installation of its apps on Huawei phones, the latest blow for the Chinese tech giant as it struggles to keep its business afloat in the face of a US ban on its purchase of American parts and software. Customers who already have Huawei phones will … Read More



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Huawei CFO extradition hearing to begin in January 2020

06 June, 2019 8:17 am 8:17 am

TORONTO (Reuters) – Huawei Chief Financial Officer Meng Wanzhou will challenge her extradition to the United States on fraud charges at hearings set to begin Jan. 20, 2020, court records showed, after her legal team appeared before a Canadian judge. Meng’s team proposed that the extradition hearing wrap up in October 2020, with extra time … Read More



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China issues 5G licences in timely boost for Huawei

06 June, 2019 12:16 pm 12:16 pm

SHANGHAI (Reuters) – China granted 5G licences to the country’s three major telecom operators and China Broadcasting Network Corp on Thursday, giving the go-ahead for full commercial deployment of the next-generation cellular network technology. The approvals will trigger investment in the telecommunications sector which will benefit top vendors such as Huawei Technologies, just as the … Read More



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Huawei denies report that orders to key suppliers cut after US blacklisting

06 June, 2019 10:32 am 10:32 am

BEIJING (Reuters) – Huawei Technologies Co Ltd has cut or canceled orders to major suppliers of components for its smartphones and telecom equipment following its US blacklisting, the Nikkei reported, claims that were rejected by the Chinese firm. Taiwan Semiconductor Manufacturing Co Ltd (TSMC) confirmed that orders from Huawei have declined after US President Donald … Read More



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Google to invest 600 million euros in Finnish data center

05 May, 2019 9:52 pm 9:52 pm

HELSINKI (Reuters) – Google said on Monday it planned to invest about 600 million euros ($672 million) in a new data center in Hamina, Finland. Google, which is owned by Alphabet Inc., already has a data center in Hamina, where it invested 800 million euros to convert an old paper mill. Paper firm Stora Enso … Read More



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Huawei shipments could fall by up to a quarter this year: analysts

05 May, 2019 9:59 am 9:59 am

HONG KONG/SHANGHAI (Reuters) – China’s Huawei, hit by crippling US sanctions, could see shipments decline by as much as a quarter this year and faces the possibility that its smartphones will disappear from international markets, analysts said. Smartphone shipments at Huawei, the world’s second-largest smartphone maker by volume, could tumble between 4% and 24% in … Read More



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After Huawei, US could blacklist Chinese surveillance tech firm

05 May, 2019 6:41 pm 6:41 pm

SHANGHAI (Reuters) – The US administration is considering Huawei-like sanctions on Chinese video surveillance firm Hikvision, media reports show, deepening worries that trade friction between the world’s top two economies could be further inflamed. The restrictions would limit Hikvision’s ability to buy US technology and American companies may have to obtain government approval to supply … Read More



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Google suspends business with Huawei after Trump blacklist

05 May, 2019 1:38 pm 1:38 pm

NEW YORK (Reuters) – Alphabet Inc’s Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available via open source licensing, a source familiar with the matter told Reuters on Sunday, in a blow to the Chinese technology company that the U.S. government has sought to … Read More



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