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Cutting some Russian banks’ access to Swift will give China the excuse to promote digital versions of its own central bank digital money in global trade and finance.
Huawei Technologies has launched seven new “Smart Office” products, including a an e-ink tablet that will compete with Amazon.com’s Kindle.
The labour department is negotiating a possible out-of-court settlement with a subsidiary of China’s Huawei Technologies, which it accuses of failing to comply with local hiring quotas.
Huawei Technologies will spend R9.5-billion to build a new headquarters and R&D centre for its digital power unit.
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The labour department has filed court papers against the South African unit of Huawei for allegedly violating employment rules.
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Apple was China’s top-selling smartphone brand in 2021’s final quarter, taking top spot in the world’s largest mobile market for the first time since 2015.