Arm China lays off dozens of staff as restrictions hit demand February 11, 2023 SoftBank Group Corp’s chip technology firm Arm Ltd’s China joint venture laid off 90-95 employees last week to cope with a challenging business outlook this year, according to three sources familiar with the situation. The layoffs come as SoftBank tries to set up a public listing for Arm this year. The China market has been a major source [...]
Chinese-backed Nexperia ordered to sell stake in Newport Wafer Fab over security concerns November 16, 2022 The government has ordered the Chinese-backed firm that owns Britain’s largest semi-conductor factory to sell most of its stake in the business on national security grounds. Late last night an order issued by the business secretary means the Dutch company Nexperia, a subsidiary of Chinese outfit Wingtech, will now need to sell 86 per cent [...]
Oliver Dowden: Joe Biden presidency will not change UK Huawei sanctions July 22, 2020 The UK’s sanctions on Huawei are unlikely to be lifted if Joe Biden wins the November US election, according to digital secretary Oliver Dowden. The UK banned Huawei from supplying any more equipment to build the UK’s new 5G network, beginning from next year, after the US leveled sanctions on the Chinese telecoms giant. All [...]
Huawei: Johnson vows to protect UK from ‘hostile vendors’ June 30, 2020 Prime Minister Boris Johnson has beefed up his rhetoric on Chinese tech firm Huawei, warning China that he will protect British infrastructure from “hostile state vendors”. Johnson has faced mounting criticism over his deal with the Chinese firm allowing Huawei to produce 35 per cent of the UK’s 5G infrastructure. Senior figures from both sides [...]
Apple reveals iPhone 15 amid stock price struggles September 12, 2023 Apple is trying to clamber back from a share price topple last week and grapple with falling global phone demand with the reveal of its latest innovations in California.
The Huawei ‘U-turn’ isn’t enough to keep Britain safe July 15, 2020 Yesterday, the UK government announced the results of its long-awaited review into Huawei’s role in our country’s 5G system. Following months of speculation and increasingly public and political concern about the influence of China, the new plan revises the January 2020 decision giving the Chinese telecoms giant a 35 per cent stake in Britain’s network [...]
UK launches review into impact of US sanctions on Huawei June 1, 2020 The government has launched a review into US sanctions on Huawei as speculation mounts that Boris Johnson will reverse his decision on allowing the Chinese firm to help build Britain’s 5G network. The review, which has already begun, will report back to the government in a matter of weeks and will look at export controls [...]
Government blocks Hong Kong takeover of electronics specialist August 18, 2022 The proposed takeover of an electronic design company by a Hong Kong firm has been blocked by the Government over national security concerns.
US sanctions could impact Huawei reliability, says tech minister July 6, 2020 Ongoing US sanctions against Huawei could significantly affect the Chinese tech firm’s reliability as a supplier to other countries, culture secretary Oliver Dowden has said. Measures announced by Washington last month prevent Huawei from working with US companies to source parts for its telecoms equipment, which is installed in the UK’s 5G networks. The UK [...]
Huawei to delay smartphone production as US measures threaten bottleneck June 17, 2020 Huawei is said to have told some of its suppliers to halt production on its newest line of smartphones, as tough US sanctions threaten disruption. Huawei has asked suppliers for some components of its upcoming Mate line of smartphones to delay production as it assesses the impact of tightening US export controls, sources told the [...]