Huawei plans to make electric vehicles under its own brand and could launch some models this year, four sources said, as the world’s largest telecommunications equipment maker explores a strategic shift.
Huawei Technologies saw slight revenue and profit growth in 2020, in line with its expectations, its rotating chairman said on Tuesday, even as Washington toughened up sanctions against the equipment maker.
Huawei has taken the wraps off its latest high-end foldable smartphone, hoping to stake out a place in a fast-expanding category despite dwindling expectations that the US will roll back sanctions anytime soon.
Semiconductor firms are seeking extra time to appeal last-minute Trump administration moves to block sales to China’s Huawei, hoping the Biden administration will reverse course.
Huawei Technologies’ founder said on Tuesday he was confident that the Biden administration would bear in mind US business interests when forming its policy towards the Chinese technology giant.
US President Joe Biden’s nominee for commerce secretary, Gina Raimondo, said she knows of “no reason” why Huawei Technologies and other Chinese companies shouldn’t remain on a restricted trade list.
Record iPhone shipments pushed Apple to the top position in the global smartphone market as Samsung Electronics and Huawei Technologies lost significant ground, market research firms said on Thursday.
The Biden administration will work to safeguard American telecommunications networks from “untrusted vendors” like Huawei Technologies that threaten national security, the White House said.
The government of Eswatini has backed out of its pledge, made less than two weeks ago, to join the US’s anti-China “Clean Network” programme.
Outgoing US Federal Communications Commission chairman Ajit Pai said potential Chinese espionage and threats to Internet freedom are among the biggest national security issues that regulators will face in the next four years.