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July 11, 2020
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Reuters - Business

Exclusive: U.S. to allow companies to work with Huawei on standards – sources

Reuters
FILE PHOTO: The U.S. flag and a smartphone with the Huawei and 5G network logo are seen on a PC motherboard in this illustration taken January 29, 2020. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) – The U.S. will amend its prohibitions on U.S. companies doing business with China’s Huawei to allow them......
Reuters - Business

Canada spy agency warned of ‘shock waves’ from arrest of Huawei founder’s daughter

Reuters
FILE PHOTO: Huawei Technologies Chief Financial Officer Meng Wanzhou leaves her home to attend a court hearing in Vancouver, British Columbia, Canada May 27, 2020. REUTERS/Jennifer Gauthier TORONTO (Reuters) – Canada’s intelligence agency warned that arresting the daughter of billionaire Huawei founder Ren Zheng would set off global “shock waves”......
CNBC Business

Huawei wanted to be No. 1 in smartphones by 2020. Trump may have ended that dream

CNBC
CNBC – For more and to sign up click here Richard Yu, head of Huawei’s consumer business, presents the Huawei Mate 30 / 30 Pro smartphone series during a press conference. Sven Hoppe | DPA | picture alliance | Getty Images Huawei laid out its ambition clearly in an interview......
Reuters - Business

HSBC warns it could face reprisals in China if UK bans Huawei equipment: Telegraph

Reuters
FILE PHOTO: HSBC’s building in Canary Wharf is seen behind a City of London sign outside Billingsgate Market in London, Britain, August 8, 2018. REUTERS/Hannah McKay (Reuters) – HSBC Holdings Plc (HSBA.L) Chairman Mark Tucker has warned Britain against a ban on networking equipment made by Huawei Technologies Co Ltd,......
Reuters - Business

Huawei CFO Meng loses key court fight against extradition to United States

Reuters
VANCOUVER/TORONTO (Reuters) – Huawei Technologies Co’s Chief Financial Officer Meng Wanzhou was dealt a setback by a Canadian court on Wednesday as she tries to avoid extradition to the United States to face bank fraud charges, dashing hopes for an end to her 18-month house arrest in Vancouver. The ruling,......
CNBC Business

Huawei CFO loses major battle in extradition fight as U.S.-China tensions escalate

CNBC
CNBC – For more and to sign up click here Meng Wanzhou, chief financial officer of Huawei Technologies Co., leaves the Supreme Court in Vancouver, British Columbia, Canada, on Tuesday, Oct. 1, 2019. Trevor Hagan | Bloomberg | Getty Images Huawei’s chief financial officer Meng Wanzhou lost a major legal......
Reuters - Business

Huawei CFO Meng’s U.S. extradition case hinges on key ruling in Canada on Wednesday

Reuters
FILE PHOTO: Huawei Chief Financial Officer Meng Wanzhou leaves her home to attend her extradition hearing at B.C. Supreme Court in Vancouver, British Columbia, Canada January 22, 2020. REUTERS/Jennifer Gauthier TORONTO/VANCOUVER (Reuters) – A Canadian judge will rule Wednesday on a key aspect of Huawei Technologies Chief Financial Officer Meng......
Technology

Canadian Court to Rule on Extradition of Huawei Executive to United States

New York Times
VANCOUVER, British Columbia — It has been one of the biggest legal dramas in recent Canadian memory: whether a senior executive of the Chinese technology giant Huawei can be extradited to the United States on sweeping fraud charges. On Wednesday the case will reach a crucial point when a judge......
Reuters - Business

Huawei Meng’s U.S. extradition case hinges on key ruling in Canada on Wednesday

Reuters
FILE PHOTO: Huawei Chief Financial Officer Meng Wanzhou leaves her home to attend her extradition hearing at B.C. Supreme Court in Vancouver, British Columbia, Canada January 22, 2020. REUTERS/Jennifer Gauthier TORONTO/VANCOUVER (Reuters) – A Canadian judge will rule Wednesday on a key aspect of Huawei Technologies Chief Financial Officer Meng......
BBC - Business

What would happen if the UK ditched Huawei?

BBC
https://www.bbc.co.uk/news/technology-52797859 Image copyright Getty Images Huawei’s future in the UK is in doubt – again. The consequences could affect how quickly improved internet access is rolled out and how much it will cost. This a time when the country’s economy is already in a precarious state because of the coronavirus......
CNBC Business

U.S. tech giants are reportedly providing web services to blacklisted Chinese surveillance firms

CNBC
CNBC – For more and to sign up click here Picture of Hikvision cameras in an electronic mall in Beijing on May 24, 2019. Fred Dufour | AFP | Getty Images A new report claims that Amazon, Microsoft and Google are among a number of American firms that are providing various web......
Reuters - Business

U.S. strikes at a Huawei prize: chip juggernaut HiSilicon

Reuters
SHANGHAI (Reuters) – The latest U.S. government action against China’s Huawei takes direct aim the company’s HiSilicon chip division—a business that in a few short years has become central to China’s ambitions in semiconductor technology but will now lose access to tools that are central to its success. FILE PHOTO:......
CNBC Business

Huawei says its operating system can rival Google, Apple — but experts say it might be a struggle

CNBC
CNBC – For more and to sign up click here A guest holds her phone showing a picture taken during Huawei’s press conference unveiling its new HarmonyOS operating system in Dongguan, Guangdong province on August 9, 2019. Fred Dufour | AFP| Getty Images A top Huawei executive said the Chinese......
CNBC Business

Why Apple is unlikely to face backlash from China over new U.S. rule on Huawei

CNBC
CNBC – For more and to sign up click here People wearing face masks walk past an Apple store in Beijing on March 17, 2020 in Beijing, China. Fred Lee | Getty Images Apple is unlikely to face backlash from the Chinese government over a new U.S. rule designed to......
CNBC Business

‘Survival is the key word’: Huawei exec says business will ‘inevitably’ be hit by new U.S. chip rules

CNBC
CNBC – For more and to sign up click here Chinese telecom giant Huawei announced on October 16, 2019 that it has passed the 400,000 5G antennas mark, the fifth generation of mobile phones, in the world with 56 operators who have already started to roll out the new mobile......
Reuters - Business

Huawei calls U.S. move to curb chips supply ‘arbitrary’, expects business impact

Reuters
SHENZHEN, China (Reuters) – Huawei Technologies [HWT.UL] in its first official response to the Trump administration’s move to curb its access to global chip supplies called it “arbitrary” and said its business would be impacted. Huawei rotating chairman Guo Ping speaks during the Huawei Global Analyst Summit 2020 at the......
Reuters - Business

Huawei says expect business impact from U.S. move to cut off chip supply

Reuters
A man in a face mask walks past a Huawei shop, amid an outbreak of the coronavirus disease (COVID-19), in Beijing, China, May 18, 2020. REUTERS/Thomas Peter SHENZHEN, China (Reuters) – Huawei Technologies said on Monday that its business will be inevitably impacted by the latest U.S. move to restrict......
CNBC Business

Why new U.S. rules on selling chips to Huawei could be a ‘big blow’ for the Chinese tech giant

CNBC
CNBC – For more and to sign up click here The United States’ latest move to restrict chip sales to Huawei could be a big blow to the Chinese technology giant, hitting its two biggest businesses and offering very little wriggle room for the firm to find alternative suppliers. Billions......
Reuters - Business

SK Hynix shares fall on demand worries after U.S. curbs on Huawei chip supply

Reuters
SEOUL (Reuters) – Shares of South Korea’s SK Hynix (000660.KS), the world’s No.2 memory chip maker and supplier to Huawei [HWT.UL], fell as much as 3.3% early on Monday after a U.S. move to curb semiconductor supplies to the Chinese company stoked fears about a demand hit. FILE PHOTO: Employee......

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