Chinese technology giant Huawei has announced plans for a next-generation smartphone that will use its own technology instead of US components, manoeuvring to gain a competitive edge and sidestep complaints it is a security risk.
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The US has indicated it will pursue the extradition of a top Huawei executive, Canada’s ambassador to Washington said, suggesting the case might not be resolved in trade talks with China.
Oxford University is suspending research grants and funding donations from Huawei amid growing security concerns about the Chinese firm’s telecommunication technology.
The company has forecast quarterly revenue sharply below projections, underscoring the deepening slowdown in both iPhone sales and the global economy.
US authorities are investigating the Chinese technology giant for allegedly stealing trade secrets from US partner companies like T-Mobile US, according to people familiar with the matter.
An investigation by federal authorities into the possible theft of trade secrets by Huawei could give even more weight to a US campaign against the Chinese company.
Microsoft is right not to rush the launch of two Azure data centres in South Africa, because if problems crop up it could tarnish the company’s reputation among local customers, according to International Data Corp.
WorldRemit, a UK company that specialises in money transfers into Africa, plans a new funding round in the next six months ahead of a potential initial public offering or buyout.
Ren Zhengfei, the billionaire founder of Huawei Technologies, broke a years-long silence as his technology empire faces its biggest crisis over three decades of existence.