Huawei founder Ren Zhengfei expects US sanctions to curtail its revenue by about $30-billion over the coming two years, wiping out its growth by withholding critical American technology.
Author: Agency Staff
Intel is reviewing its global supply chain amid the growing trade war between the US and China, CEO Bob Swan said.
Huawei is preparing for a 40% to 60% drop in international smartphone shipments as the Trump administration’s blacklisting hammers one of the Chinese tech giant’s most important businesses.
Bitcoin climbed past $9 000, to its highest since May 2018, as reports that Facebook is due to unveil a digital currency added to optimism.
Samsung Electronics vice chairman Jay Y Lee said the company will pursue investment in future businesses including 6G mobile networks and system semiconductors.
As Huawei comes under unrelenting pressure from the Trump administration, it has one advantage that the US can’t undermine: a vast, global portfolio of patents on critical technology.
Bitcoin futures may be more important than many in the market appreciate, according to JPMorgan Chase & Co.
Huawei Technologies knows it’s not an easy time to engage with the company. But those who do will be rewarded, said global vice president of marketing insights Andrew Williamson in an interview.
WikiLeaks founder Julian Assange told a London court that his life was “effectively at stake” as he battled being sent to the US to face charges that he endangered national security.
Naspers, Africa’s largest company by market value, said its expects earnings grew by as much as a third in the latest financial year.