China’s biggest technology firm, Huawei, has risen to global prominence as a leader in 5G. It’s also become a major target for the US as China’s technological prowess has grown along with its ambitions.
Browsing: Ren Zhengfei
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.
Huawei founder Ren Zhengfei has said the US is “over-concerned” about the Chinese company and its rise in the world of technology.
How Huawei survived the US blacklisting could prove a case study in unintended consequences and a vast shift underway in global IT production.
Huawei expects smartphone shipments to grow 20% next year even if it’s blocked from the latest Google software, suggesting US efforts to contain the company’s rise may not be working.
Huawei Technologies’ revenue jumped 24% in 2019’s first nine months, defying Trump administration sanctions to sustain growth in its pivotal smartphone business.
Huawei is offering up its most valuable 5G secrets and $1.5-billion to software developers, courting the global tech community at a time the US is heightening scrutiny of the Chinese giant.
Huawei Technologies used code names and secret subsidiaries to conduct business in Syria, Sudan and Iran, the US alleged in the extradition case related to sanctions violations against the company’s chief financial officer.