Military to military discussions on future 5G networks are going well, said Ellen Lord, the Department of Defense’s under secretary of defense for acquisition and sustainment. With the United States determined to secure and position itself for the next generation of 5G devices, it is conscientiously pushing away Chinese telecommunications equipment maker Huawei Technologies, which…
Apple is scheduled to launch its own TV and video services on March 25, 2019. The move will naturally amp up competition in this segment. Reed Hastings, Netflix’s Chief Executive has made it lucidly clear that it will not make its TV shows and movies available through Apple Inc’s upcoming video offerings. “We prefer to…
Sweden aims to tighten telecom component suppliers and operators who don’t meet sufficiently high security standards. Anders Ygeman, Sweden’s minister for digital development stated, Stockholm wants to tighten regulatory requirement for telecom suppliers and operators. Sweden’s concerns comes in the midst of heightened concerns revolving around network security. “We want to be able to exclude…
Chinese telecom company ZTE Corp had been subject to U.S. sanctions. Its controlling state-owned controlling shareholder Zhongxingxin Telecom plan on selling as much as 2% of its shares once the stock has doubled its value. According to regulatory filing, the controlling stakeholders of China’s ZTE Corp’s plan to slash their stake, by as much as…
Siemens beat Huawei in the number of patent applications filed with the European Patent Office in 2018. On Tuesday, in a statement the European Patent Office stated, Germany’s top industrial group Siemens had filed the maximum number of patent applications in Europe in 2018. Siemens was followed by China’s Huawei. In 2017, the Chinese telecom…
Canada has until midnight on Friday (0500 GMT Saturday) to announce its decision. On Friday, in a potentially significant development, Canada is expected to announce that the extradition hearing against Huawei Technologies Co Ltd’s Chief Financial Officer can proceed, opined legal experts. In December 2018, Canadian police had Meng Wanzhou, Huawei’s CFO in Vancouver at…
Mike Pompeo’s underscores and highlights the growing and significant risks to using Chinese technology given their connection to the Chinese state. On Friday, Mike Pompeo, the Secretary of State of the United States of America highlighted the fact that the countries need to keep their “eyes wide open” on the risks of using Chinese technology…
Tech-savvy KKR has prior experience in the music industry given its earlier deal with Bertelsmann; however negotiations with Vincent Bollore are expected to be tough, especially if KKR and Tencent push for a controlling stake. According to sources familiar with the matter at hand, China’s Tencent Music Entertainment Group and U.S. buyout fund KKR are…
Horizon Robotics is one of the companies at the fore front of China’s strategic “Made in 2025” policy. Its latest funding round has valued it at $3 billion. On Wednesday, Horizon Robotics, a Chinese chip maker stated it had $600 million in its latest funding round, thus bringing its valuation to $3 billion. The development…
While Apple’s market share in China have shrunk significantly, those of domestic smartphone makers including most notably Huawei, have expanded. Chinese consumers view those using iPhones as traitors. While Apple’s iPhones may be cost effective, unless it targets the core issue of nationalism, it would be surprising if it were to make any significant headway.…
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