Inventory pileup adds pressure on German chipmaker Infineon Technologies AG’s margins

Given that Infineon’s high-performance power chips have an ubiquitous usage, the chipmaker has a bright future despite small road bumps. On Tuesday, German chipmaker Infineon Technologies AG stated, a slump in demand which had led to increased inventory levels is likely to plateau only this summer; this means that till then its profit margins will…

Apple ties up with Ant Financial Services Group and several banks to ease purchase of interest free iPhones

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.…

Huawei Device Co Ltd & Huawei Device USA Inc to be arraigned on Feb. 28, 2019

Huawei faces gale force headwinds with intelligence agencies linking its telecom devices as potential Trojan Horses which can be tapped by Chinese intelligence. According to information available in court filings, two units of Huawei Technologies Co Ltd are set to be arraigned on February 28 in Seattle on a 10-count indictment on charges of conspiring…

Australia’s TPG Telecom discontinues sourcing of telecom equipment from Huawei

Telecom operators are designing 5G systems based on either Ericsson’s technology or that of Nokia Oyj. On Tuesday, Australia’s nascent network TPG Telecom Ltd stated, it would abandoned building its mobile telephone network which relied heavily on Huawei Technologies Co Ltd for equipment since the Australian government has banned Huawei on security grounds. Across the…

Huawei Technologies unveils the Tiangang – its first 5G base station chipset

With this strategic launch, Huawei is aiming to gain a foothold in the burgeoning 5G market. On Thursday, Chinese telecom equipment giant, Huawei Technologies Co Ltd, introduced Tiangang – its first 5G base station chipset, saying it increases computing power by 150%. Although Huawei has been using its chipsets in its high-end smartphones as well…