Huawei and Dutch telecoms firm hit back over spying report April 19, 2021 Huawei and Dutch telecoms firm KPN have hit back at claims that the Chinese tech giant was able to eavesdrop on mobile users following a media report that has reignited the row over telecoms security. A story published in Dutch newspaper De Volkskrant this weekend cited a 2010 report by consultancy Capgemini for KPN, which [...]
UK urged to use new telecoms suppliers after Huawei ban April 13, 2021 The UK must ensure smaller telecoms suppliers play a major role in the country’s 5G network following the decision to ban Chinese tech firm Huawei, according to a new report. The vendor diversity task force, which was set up last year to lead the search for a replacement to Huawei, said smaller equipment makers should [...]
Huawei: Growth slows amid geopolitical tensions, but smart cities on the horizon March 31, 2021 Huawei took home $137.7bn in revenue last year, an uptick of just 3.8 per cent year on year, as it saw a lift to its enterprise business amidst geopolitical tensions. The Chinese telecoms giant enjoyed a 23 per cent boost to its enterprise business which earned $15.4bn, as it has channelled its focus away from [...]
Huawei founder hopes Biden administration will have ‘open policy’ February 9, 2021 Huawei founder Ren Zhengfei said he hopes the new U.S. Biden administration will have an “open policy” to the Chinese company, after Donald Trump placed it on a trade blacklist. Zhengfei said he hoped U.S. President Joe Biden’s administration would bear in mind U.S. business interests when forming its policy. He said it was “conducive” [...]
Boris Johnson stands at the crossroads of another Huawei saga if Amazon Web Services crushes UK cloud products June 18, 2021 Cloud computing in the UK is at a crossroads: on one path is a vibrant domestic growth sector able to compete on the international stage, down the other is an industry dominated by a few Big Tech giants and stymied by policy inaction. In recent years, British tech companies are being overlooked time and time [...]
Huawei finance chief Meng Wanzhou faces final stage of extradition hearing March 15, 2021 Huawei chief financial officer Meng Wanzhou will appear in court in Canada today as her long-running US extradition case enters its final stage. Meng was arrested at Vancouver Airport in 2018 on US charges of misleading HSBC over Huawei’s dealings in Iran, causing the bank to violate sanctions against the country. She has since been [...]
Huawei set for year of transition amid ‘technological Cold War’ January 11, 2021 Huawei will likely transition towards software as a “technological Cold War” controls the hardware supply, shifting the company’s prospects for 2021, analysts have said. Harsh US sanctions on China have hit suppliers of chips, which are crucial to mobile phone production, and forced the tech giant to look to other avenues. Ben Wood, chief of [...]
Huawei loses legal case against HSBC over Meng Wanzhou extradition February 19, 2021 Huawei has lost a legal bid to force HSBC to disclose documents, marking a setback in the tech giant’s efforts to prevent the extradition of its chief financial officer to the US. Meng Wanzhou faces charges of bank fraud over claims she misled HSBC over Huawei’s dealings in Iran, causing the bank to violate US [...]
Huawei launches legal challenge against US national security threat label February 10, 2021 Huawei has mounted a legal challenge against the decision to designate the telecoms giant a threat to US national security due to its alleged ties to Beijing. In June the Federal Communications Commission (FCC) formally labelled Huawei and ZTE as security threats, blocking US firms from purchasing equipment from the companies. In December it blocked [...]
Apple: Will Santa skip the gadget stock? October 29, 2023 Apple will update on fourth quarter earnings on Thursday, with analysts bracing for a less-than-jolly Christmas outlook from iPhone sales.