Huawei Technologies, already getting squeezed out of Europe’s vast market for the next generation of telecommunications equipment, is under siege in another fast-growing business: cloud computing.
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Huawei Technologies is in talks with Digital China Group and other suitors to sell parts of its Honor smartphone unit in a deal that could fetch up to $3.7-billion, people with knowledge of the matter said.
China is cementing its status as the world’s dominant trading nation, confounding warnings that a once-in-a-century pandemic combined with simmering tensions with the US would derail that status.
Promoted | Datacentrix recently held the first virtual version of its Mining Indaba event, which reiterated the importance of digital transformation with greater urgency now than ever before in light of the Covid-19 pandemic.
The British parliament’s defence committee said on Thursday that it had found clear evidence that Huawei had colluded with the Chinese state. Huawei has rubbished the claims.
Huawei Technologies chief financial officer Meng Wanzhou failed to convince a Canadian judge to grant her access to confidential documents pertaining to her extradition fight.
Samsung Electronics reported earnings that beat analyst estimates after the Korean technology giant’s mobile and chip businesses benefited from US restrictions on Huawei Technologies.
For the first time since 2011, Apple didn’t release a version of its flagship iPhone in September. That delay has had a massive ripple effect through its network of vendors.
China is preparing to launch an antitrust probe into Google, looking into allegations it has leveraged the dominance of its Android mobile operating system to stifle competition, sources said.
Micron Technology has not yet obtained new licences needed to sell its memory chips to China’s Huawei, which will cut its sales over the next two quarters, company executives said.