China is set to pass a new law that would restrict sensitive exports vital to national security, expanding its toolkit of policy options as competition grows with the US over access to modern technologies.
Browsing: Huawei
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The story of TSMC’s industry dominance steamed ahead unabated on Thursday, with record earnings on the back of booming demand for chips used in smartphones and servers.
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.
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.
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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.