Huawei Technologies plans to build a chip plant in Shanghai without using American technology as it seeks a new strategy to overcome increasingly tight US sanctions, the Financial Times reported.
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Just as the US government starts looking to rein in, or even break up, big technology companies in the belief they have too much power, China is going in the opposite direction.
Promoted | Creativity, design-thinking and innovation were all on display as the finalists in the South African phase of Huawei’s global Apps UP Competition were announced.
Promoted | IT experts from leading businesses swapped ideas, discussed pain points and offered advice at a recent TechCentral CIO Perspectives Roundtable, sponsored by Pinnacle and Huawei, on data storage optimisation.
Huawei Technologies reported a meagre 3.7% rise in quarterly revenue on Friday, ending the double-digit growth run it enjoyed earlier this year.
Huawei introduced the Mate 40 smartphone series on Thursday, potentially its last major release powered by its self-designed Kirin chips.
Huawei quietly spent months racing to stockpile critical radio chips ahead of Trump administration sanctions, ensuring it can keep supplying Chinese carriers in their $170-billion roll-out of 5G technology.
The Chinese foreign ministry warned Sweden that it should revoke its ban on Huawei Technologies to avoid hurting prospects for Swedish companies.
Chinese technology companies including Huawei have expressed strong concerns to local regulators about Nvidia’s proposed acquisition of ARM, potentially jeopardising the $40-billion semiconductor deal.
Swedish regulators on Tuesday banned the use of telecommunications equipment from China’s Huawei and ZTE in its 5G networks ahead of the spectrum auction scheduled for next month.