Huawei to release Hongmeng OS for mobiles phones by end of 2019

Huawei’s Hongmeng will face challenges from Google’s Android operating system. Huawei’s first quarter sales rose on domestic demand. The overseas market for its smartphones has tanked. On Monday, as per a report from China’s state media Global Times, Huawei Technologies Co Ltd is set to release its own mobile operating system, Hongmeng, by the end…

LeEco abandons Vizio deal citing ‘Chinese Policy factor’

In recent years, LeEco has grown so fantastically that it faced financial issues. Its founder termed these issues as the “big company disease.” LeEco, a recent Chinese tech company with global ambition whose businesses have ranged from electric vehicles to smartphones, has been forced to abandon its proposed $2 billion acquisition of Vizio, a U.S.…