According to two sources familiar with direct knowledge of the matter at hand, Huawei Technologies Co Ltd is in early-stage talks to sell its premium smartphone brands P and Mate, in a move that could potentially see the Chinese company exit from the high-end smartphone-making business. Negotiations between Huawei and a consortium led by Shanghai…
In a significant development, the British government is set to pass a bill which will see British telecoms companies facing a fine of up to 10% of their turnover or $133,140 (100,000 pounds) a day fine, if they contravene a ban on using equipment made by China’s Huawei Technologies Co Ltd. The Telecommunications (Security) Bill…
In a significant development, the Brazilian government said it has backed Washington’s push to build a global alliance of Clean Network that excludes technology companies that are manipulated by governments including China’s Communist regime. The development came in the wake of Keith Krach, U.S. Under secretary of state for economic growth, energy and environment, advising…
In a statement, Xilinx Inc, an American semiconductor firm stated, it had won a deal to supply chips to Samsung Electronics Co Ltd for 5G networking equipment. It did not disclose the financial terms of the deal. Xilinx makes programmable chips used in telecommunications equipment including those used in base stations made by Ericsson, Nokia…
The Trump administration has once again allowed U.S. companies to continue to do business with China’s Huawei Technologies Co Ltd by extending the trade license until May 15, 2020. The U.S. Commerce Department had previously extended it until April 1. Separately, the U.S. Commerce Department has sought public comments on whether it should issue future…
In a statement by Canadian telecom operator Telus Corp’s Chief Financial Officer Doug French, the telecom operator is scheduled to roll out 5G services with the help of Huawei Technologies Co Ltd’s equipment. “It’s important for us to launch our network when the time is right…” said French in a statement while adding the company…
In a statement, the U.S. government said, it was issuing a 45-day extension to Huawei Technologies Co Ltd which allows U.S. companies to continue doing some business with it. The development comes in the wake of the Trump Administration adding the Chinese company to an economic blacklist in May 2019 citing national security concerns. The…
On Wednesday, two sources stated, the U.S. government is nearing the publication of a rule that would significantly expand its powers to block shipments of foreign-made goods to Huawei. The development comes in the wake of the U.S. Commerce Department placing Huawei Technologies Co Ltd on a trade blacklist in May 2019, citing national security…
As per a news report from the New York Times citing sources familiar with the deliberations at hand, the Trump Administration is set to extend a license which allows U.S. companies to continue doing business with Huawei Technologies Co Ltd. An earlier reprieve issued by the U.S. Commerce Department is set to expire on Monday.…
Qualcomm’s chips will be required to fully utilize the increase in speed promised by 5G networks. In a development that potentially hints at Apple Inc’s impending launch of 5G models in 2020, Qualcomm Inc disclosed, it expects 200 million 5G smartphones to be sold in 2020. Next-generation 5G smartphones, set to debut next year in…
business-gurus.com 