Japan Display, which depends on Apple Inc for the bulk of its revenues, has secured a funding bailout. The development was not announced earlier. On Friday, in a significant development Japan Display Inc stated, a group of investors led by China’s Harvest Group, an investment firm, had provided $738 million (80 billion yen) in funding…
Huawei and ZTE are striving to increase transparency regarding their products in order to mitigate allegations of espionage. It is not clear whether these lab tests will cover re-routing of data through servers located in China, thus compromising unencrypted data. In a significant development, embattled Chinese telecom vendor ZTE opened a cybersecurity lab in Brussels,…
According to the U.S. Commerce Department, general merchandise with no “national security influences or consequences” can be sold to Huawei, which continues to remain in the Entity List. In a significant development, the U.S. Commerce Secretary Wilbur Ross stated, the U.S. government will issue licenses to companies seeking to sell goods to China’s Huawei where…
The effort by Futurewei Technologies Inc appears to be aimed at obfuscating its link with its Chinese parent Huawei Technologies Co Ltd. It continues to be owned and funded by its Chinese parent. According to two sources familiar with the matter at hand, the U.S.-based research arm of China’s Huawei Technologies Co Ltd, Futurewei Technologies…
U.S.-Israeli cyber security firm Cybereason has been investigating these hacking attacks by Chinese hackers for the last 9 months. On Tuesday, researchers from a cyber security company Cybereason stated, Chinese hackers have broken into the systems of more than a dozen global telecoms companies and have stolen large amounts of personal and corporate data. According…
According to Apple, the risks of depending too heavily on manufacturing in China are rising and are far too great. Regardless of how the U.S.-China trade is resolved, the production shift will take place. In a significant development, the Nikkei Asian Review has reported that Apple Inc has asked its major suppliers to assess the…
Senator Marco Rubio files legislation which prevents certain companies from seeking damages in U.S. patent courts. In a significant development, U.S. Senator Marco Rubio has filed legislation aimed at preventing Huawei Technologies Co Ltd from seeking damages in U.S. patent courts. The move comes after the Chinese company demanded that Verizon Communications Inc pay $1…
China’s firewall although broadly effective, is not 100% full proof, content posted on individual accounts were not immediately censored. In a significant development, Chinese censors are working hard to block and erase news of the Hong Kong protests on social media and search platforms. There has been a surge of interests from mainland Chinese users…
The new wave of tariffs which could go into effect from August 1, is likely to cover consumer electronics, including smartphones and tablets. With U.S. President Donald Trump deliberating whether to make good on his threat to impose tariffs on the remaining un-tariffed Chinese exports to the United States, Trump met Apple’s CEO Tim Cook…
Given that 5G is a core technology which will lay the foundation for a smarter, more advanced economy, the costs in delaying the rollout of a Chinese 5G is cheap in comparison to the absolute loss of privacy, freedom and freewill to a totalitarian regime. According to sources familiar with the matter at hand, many…
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