Justin Trudeau’s industry minister said Canada won’t be strong-armed into a decision on restricting a Chinese technology giant’s access to next-generation wireless networks.
Browsing: Huawei
Huawei pleaded not guilty on Wednesday to racketeering charges filed last month by US prosecutors who accused the Chinese telecommunications equipment giant of a 20-year pattern of corporate espionage.
A group of US senators wants to remove a preferred investment status for countries such as the UK that allow for the installation of Huawei Technologies equipment in their 5G networks.
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.
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.