Huawei sells Honor smartphone brand as US sanctions bite November 17, 2020 Huawei is selling its budget smartphone brand Honor to a newly-formed consortium of Chinese buyers after US sanctions pushed the division to the brink of collapse. The Chinese tech giant said it will offload Honor’s business assets to Shenzhen Zhixin New Information Technology Co, a group of over 30 agents and dealers, including several state-owned [...]
Huawei: ‘Clear evidence’ of collusion with Beijing, MPs warn October 8, 2020 There is “clear evidence of collusion” between Chinese tech giant Huawei and authorities in Beijing, top MPs have warned. In a report published today parliament’s defence committee claimed Huawei was “closely linked” to the Chinese state and the Communist Party. It also cited concerns about Huawei’s receipt of state subsidies and Chinese intelligence laws that [...]
Former BT boss tapped to lead search for Huawei replacement September 23, 2020 Former BT chief executive and trade minister Lord Ian Livingston has been tapped to find alternative telecoms providers to replace Huawei equipment in the UK’s 5G networks. Livingston has been named as chair of a new government task force that will seek to diversify the country’s telecoms supply chain and reduce reliance on high-risk vendors. [...]
Huawei urges US to stop ‘attack’ on global supply chain September 23, 2020 Embattled Chinese tech giant Huawei has said its global supply chain is under attack from the US and called on Washington to reverse its trade bans. US President Donald Trump’s administration has ramped up its crackdown on Huawei, issuing fresh trade bans designed to limit the telecom company’s access to chips. “The US has modified [...]
Huawei: US ramps up sanctions as China tensions grow August 18, 2020 The US last night announced a fresh wave of sanctions on Huawei as it ramped up its efforts to prevent the Chinese tech giant from accessing American technology. The White House has already banned Huawei from buying American products and blocked vendors from using US technology to manufacture components for the controversial telecoms firm. The [...]
Huawei pushes for document release in trial of finance chief August 17, 2020 Huawei will today call for the release of more confidential documents relating to the arrest of the company’s finance director as her extradition battle ploughs on. Meng Wanzhou was arrested in Vancouver in 2018 after US authorities accused her of bank fraud and breaching sanctions against Iran. Meng, whose father Reng Zhengfei founded Huawei, is [...]
Mike Pompeo slams HSBC for ‘corporate kowtow’ to China June 10, 2020 US secretary of state Mike Pompeo has criticised HSBC for backing China’s moves to limit Hong Kong’s autonomy, accusing the British bank of a “corporate kowtow” to Beijing. Pompeo said the US stood ready to help Britain with alternatives after Beijing reportedly threatened to punish HSBC and break commitments to build nuclear power plants in [...]
US senator: China using Huawei to ‘drive wedge’ in UK-US relationship June 3, 2020 China is using telecoms giant Huawei to “drive a hi-tech wedge” into the special relationship between the UK and the US, a top US senator told MPs yesterday. Republican Tom Cotton is a vocal critic of Huawei and is part of a group of US senators who have urged Britain to reverse its decision to [...]
Huawei finance chief struck blow in US extradition trial May 27, 2020 Huawei’s finance chief Meng Wanzhou was tonight dealt a blow in her bid to avoid extradition to the US after a Canadian court ruled against her. A judge found that the case against Wanzhou, who has been accused of bank fraud by US authorities, meets the threshold of double criminality – meaning the charges are [...]
Huawei says ‘pernicious’ new US sanctions puts its survival at stake May 18, 2020 Huawei has slammed “pernicious” new sanctions rolled out by the US last week, warning they could put the Chinese tech giant’s survival at stake. “We expect that our business will inevitably be affected. We will try all we can to seek a solution,” Huawei’s rotating chairman Guo Ping said in a speech this morning. “Survival [...]