Huawei Technologies, the Chinese technology giant barred from doing business with US suppliers, is finding a way around the strict limits imposed by the Trump administration.
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Missteps helped drive shares of Nokia in its current form close to their all-time lows as a multiple of expected earnings. Its new CEO, Pekka Lundmark, is tasked with the difficult job of returning it to prosperity.
Nokia is exploring strategic options as fierce competition puts pressure on the Finnish network equipment maker’s earnings, people familiar with the matter said.
Rebel politicians in Boris Johnson’s Conservative Party are piling pressure on the prime minister to reverse his decision to allow Huawei to help build the UK’s next-generation wireless networks.
Huawei reaffirmed its bet that expensive folding smartphones will excite consumers into upgrades, and that Apple’s iPad Pro is a design worth imitating for a new line of tablet computers.
The White House plans to hold a conference with Huawei’s rivals to try to accelerate development of affordable competing 5G wireless technology, President Donald Trump’s top economic adviser said.
A federal judge has dismissed Huawei’s lawsuit challenging a US law that bars the government and its contractors from using the Chinese technology giant’s equipment because of security concerns.
Boris Johnson is coming under renewed pressure from key British allies over his controversial decision to give Chinese technology giant Huawei a role in building the UK’s 5G network infrastructure.
US secretary of defence Mark Esper warned that Beijing is moving further outside the international order and that allies using Chinese technology risk undermining Nato.
Chinese telecommunications giant Huawei will launch upcoming flagship smartphones in South Africa, even though they don’t have access to Google Mobile Services, the company said on Friday.