The US is urging allies to ban networking products from countries without independent court systems, an approach intended to block China’s Huawei and ZTE from competing for new 5G networks in Europe and Asia.
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Chinese technology giant Huawei is launching a US court challenge to a law that labels the company a security risk and would limit its access to the American market for telecommunications equipment.
The annual technology convention saw smartphones of different shapes and sizes among its most notable announcements.
A wearable smartphone with a flexible display that wraps around the wearer’s wrist has become the latest flexible device to appear at the Mobile World Congress technology show in Barcelona.
ZTE went from one-foot-in-the-grave to 2019’s technology superstar. Despite a gain of more than 60% that’s pushed its shares well above analysts’ projections, some investors argue that rally still has legs.
Huawei Technologies projected a 21% jump in 2018 revenue, showing off a sharp acceleration in top-line growth despite a difficult year in which it struggled to dispel growing concerns about its business and the security of its products.
US President Donald Trump thinks he might boost a China trade deal if he stops prosecutors from extraditing a Huawei executive, but he risks undermining the US justice system.
On the same day Donald Trump and Xi Jinping struck a trade war truce in Argentina, some 11 000km away Canadian authorities made an arrest that now threatens to make the US-China conflict much worse.
Even for the world’s worst performing stock markets, Thursday’s losses were extreme. China’s benchmark equity gauge closed 5.2% lower, the biggest loss since February 2016, as a global selloff spread.
China is exploring a merger between two of the nation’s three wireless carriers to speed up the development of 5G mobile services amid a race with the US over the technology, according to people familiar with the matter.