Samsung steals smartphone crown from Apple as Chinese rivals Huawei, Oppo and Xiaomi eat into market Tech Apple's iPhone sales sagged 10 per cent in the first three months of 2024, while Samsung shipments also fell, but only by 0.7 per cent.
BT boss says Huawei ban cost firm £500m Telecoms BT's chief security and networks officer Howard Watson said today that the UK's Huawei ban has cost the telecoms giant £500m.
China is main ‘threat’ to economic security – and UK blocked EIGHT Beijing takeover bids in last year Cabinet Office China is the biggest “state-based threat” to the UK’s economic security, deputy prime minister Oliver Dowden has said. Cabinet Office figures have revealed the government intervened in eight attempts by Chinese buyers to takeover UK firms due to national security fears in the last year. Dowden told the BBC Chinese deals posed risks due to [...]
Dorries blamed as Huawei watchdog report goes unpublished for two years June 26, 2023 The annual report investigating national security risks posed by the Chinese telecoms company Huawei has remained unpublished for nearly two years, raising concerns about government transparency. According to the Telegraph, the decision to shelve the publication of the Huawei Cyber Security Evaluation Centre (HCSEC) report was made by the then-culture secretary, Nadine Dorries. Since 2021, [...]
Huawei out of ‘crisis mode’ after years of US restrictions on Chinese tech giant December 30, 2022 Huawei, the Chinese technology giant, says it has emerged from “crisis mode” after years of US restrictions that have stifled its overseas sales, even though its revenue for 2022 failed to grow from a year earlier. “US restrictions are now our new normal, and we’re back to business as usual,” Eric Xu, Huawei’s current chairman, [...]
Govt gives telecom giants extended deadline to boot Huawei out October 13, 2022 The government has extended the deadline for telecom giants to boot Huawei from its 5G network after concerns that it could cause major disruption. The timeframe for the likes of BT’s Openreach and Vodafone to remove Huawei equipment and services in core networks was moved 11 months from January 2023 to December. Telecoms and broadband [...]
Canada bans Chinese telecom giants Huawei and ZTE calling it the ‘right decision’ in the 5G world May 20, 2022 Canada is set to ban two of China's biggest telecoms equipment makers, Huawei and ZTE, from working on its 5G phone networks, following the lead of the UK and US.
Huawei employee shareholders rewarded with £7.3bn in dividends April 5, 2022 Huawei’s employee shareholders have been rewarded with 61.404 billion yuan (£7.3bn) worth of dividends, according to a regulatory filing. The Chinese technology heavyweight has not disclosed dividend distribution, but some 131,500 current and former workers are involved with the scheme. It comes as Huawei swallows its first revenue dip on record, with the figures slipping [...]
US sanctions and 5G slowdown sparks Huawei revenue dip March 28, 2022 Chinese tech firm Huawei recorded its first yearly revenue drop on record in 2021 as sanctions chip away at the company's growth.
Government opens consultation into Huawei switch-off following six month Covid delay February 20, 2022 The government have launched a consultation with telecoms firms on controlling the use of Huawei in the UK following the announcement this week that it had delayed the removal by six months due to Covid. Ministers had originally planned to cut the share of Huawei equipment to 35 per cent of the full fibre and [...]