The move follows similar measures undertaken by the U.S., Australia, and New Zealand. On Wednesday, Britain’s BT Group Plc stated it will remove Huawei Technologies Co’s equipment from its core 4G network within two years. The development brings BT’s mobile phone business in line with an internal policy to keep the equipment of Huawei Technologies…
These sensors are used by Apple’s iPhone X, which was launched in 2017. In a development that underscores the growing debate in Japan as to whether foreign workers should be allowed in the country midst a labour shortage,Japan’s Sharp Corp has laid off around 3,000 foreign workers, said a labor union, as the electronic giant…
The Government Communications Security Bureau has effectively banned Huawei Technologies Co Ltd’s 5G equipment from New Zealand citing significant risks to national security. On Wednesday, Spark New Zealand stated, the Government Communications Security Bureau has declined its proposal to use Huawei Technologies Co Ltd’s 5G equipment citing significant risks to national security. This decision effectively…
The headwinds stem from the outcome of an investigation which concluded that ZTE and Huawei Technologies are Chinese telecommunications firms that are linked to the Chinese Communist Party’s intelligence apparatus. According to U.S. lawmakers, legislation has already been prepared to block the Trump administration’s agreement with China which allows ZTE Corp to resume business ties…
ZTE’s strategic move will, at least in the short run, allow it to resume operations and start sourcing components from the U.S. It is to be seen how the Trump Administration navigates ZTE’s stigma of posing as a national security threat to the U.S. in the Congress. On Wednesday, Chinese telecommunications giant ZTE Corp saw…
The U.S. Administration is increasingly boosting efforts to tilt, what has so far been so far in recent history, a one-sided affair, of collaboration and forced technology transfer from the U.S. to China. Beijing’s Made in China 2025 industrial policy has opened the administration’s eye to China’s furtive motives of leveraging the dual benefits of…
The development marks a growing awareness of national security concerns in the United States, that companies will find hard to bridge regardless of their looks and features. It is to be seen how this will effect Huawei’s market share in the U.S. As per sources familiar with the matter at hand, AT&T Inc, has chosen…
South Korean companies face the brunt of China’s fury as the South Korean government deploys U.S. THAAD missiles to protect itself against a nuclear armed North Korea. Here’s how Beijing is protecting its North Korean ally. On Monday, South Korean automaker Hyundai Motor disclosed it would be replacing the head of its China operations. The…
Given the sensitive nature of the technologies involved at both companies, bankers expect intense antitrust scrutiny by U.S authorities. According to sources familiar with the matter at hand, New York-based private equity firm Veritas Capital is exploring the divestiture of two of its high-tech portfolio companies which have a combined worth of around $3 billion.…
The Chinese have found weaknesses in CFIUS and are exploiting it to the hilt. As per current and former U.S. officials, the U.S. is poised to heighten the scrutiny on investments made by China in Silicon Valley in order to better shield sensitive technologies which are seen as vital to U.S. national security. In recent…
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