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Intel Gets US License To Continue Supplying To Huawei
Tuesday, September 22, 2020 - 3:24am | 301Read More...Intel Corporation (NASDAQ: INTC) has received the federal government nod to keep supplying Huawei Technologies with certain products, Reuters reported Tuesday. What Happened: The Santa Clara, California-based chipmaker has received the relevant licenses from the United States authorities...
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BofA On 5 Upcoming Apple Catalysts: 'Time To Pay Attention To The Fundamentals'
Thursday, September 10, 2020 - 2:57pm | 525Read More...BofA Securities named five upcoming catalysts for Apple Inc. (NASDAQ: AAPL) in a new report. The Apple Analyst: Bank of America analyst Wamsi Mohan maintains a Neutral rating on Apple with a $140 price target. The Apple Takeaways: “Given the recent reversal in momentum for...
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New US Restrictions On Huawei Could Be 'Gift' For Qualcomm, Analyst Says In Upgrade
Tuesday, September 1, 2020 - 3:12pm | 380Read More...Reflecting on its May 4 initiation of QUALCOMM, Inc. (NASDAQ: QCOM) shares at Underweight, Wells Fargo Securities said it may have got the rating wrong. The Qualcomm Analyst: Gary Mobley upgraded Qualcomm from Underweight to Equal-Weight and increased the price target from $90 to $120. The...
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Why BofA Is Bullish On Micron Despite Huawei Challenges: 5 Takeaways
Thursday, August 27, 2020 - 11:38am | 361Read More...Micron Technology, Inc.’s (NASDAQ: MU) earnings remain strong and its stock valuation is attractive despite the Huawei issue and a guidance cut, according to BofA Securities. The Micron Technology Analyst: Simon Woo maintained a Buy rating on Micron Technology and reduced the price...
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Pompeo Says China's Huawei Dealt A Direct Blow, Has Limited Ability To Acquire Tech
Monday, August 17, 2020 - 11:28am | 460Read More...U.S. Secretary of State Mike Pompeo says the U.S. has dealt a direct blow to China’s Huawei Technologies and the Chinese Communist Party by further limiting the company’s ability to acquire U.S. technology, which Pompeo says would compromise the integrity of the world’s...
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Huawei Reportedly Set To Halt Manufacturing Of Kirin Chipsets
Saturday, August 8, 2020 - 2:53pm | 322Read More...Huawei will stop making its Kirin Chipsets beginning next month, according to the Chinese financial magazine Caixin. What Happened: Amid mounting pressure from the U.S. government, the suppliers of Huawei’s HiSilicon Chip division have started to distance themselves...
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Qualcomm Analysts Hail Huawei Settlement As Asserting Company's 5G Tech Leadership
Thursday, July 30, 2020 - 12:45pm | 693Read More...QUALCOMM, Inc. (NASDAQ: QCOM) shares are advancing strongly Thursday in reaction to solid quarterly results reported by the wireless technology company and a long-term patent agreement it announced with Huawei. The Qualcomm Analysts Rosenblatt Securities analyst Kevin Cassidy maintained a Buy...
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Huawei Becomes The World's Largest Smartphone Supplier As China Sales Remain High During Pandemic
Thursday, July 30, 2020 - 12:43am | 412Read More...Huawei became the largest smartphone supplier in the world in the second quarter this year, dethroning Samsung Electronics Co. Ltd. (OTC: SSNLF), according to data from research firm Canalys. Q2 Sales: The Chinese telecommunications company shipped 55.8 million devices in Q2, down 5% from the...
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Apple Registers 225% iPhone Sales Growth In Q2 In China, Remains Fastest-Growing Smartphone Maker: Report
Tuesday, July 28, 2020 - 11:03pm | 533Read More...Apple Inc. (NASDAQ: AAPL) emerged as the fastest-growing smartphone maker on mainland China in the second quarter this year, as iPhone SE and iPhone 11 models led the company to register robust sales, according to Counterpoint Research data reported by CNBC Tuesday. What...
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Why The UK Is Removing Huawei 5G Technology By 2027
Tuesday, July 14, 2020 - 1:57pm | 391Read More...The U.K. is banning China’s Huawei Technologies Co.'s 5G from next generation mobile networks by 2027 under a new plan to protect critical systems from security threats. What Happened: The decision was announced Tuesday by the digital secretary Oliver Dowden in the House of...
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Fintech Focus For July 6, 2020
Tuesday, July 7, 2020 - 10:02am | 1835Read More...Daily Perspective: More debt, more liquidity, more asset reflation. - JPMorgan Fintech Movers: Software services and online education have grown as new unicorn candidates while fintech and branded e-commerce take a back seat in the 2020 crop of new unicorns. - Crunchbase Cora preps SME products....
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Huawei, ZTE Pose National Security Threat: FCC
Wednesday, July 1, 2020 - 4:47am | 392Read More...The Federal Communications Commission said Monday that China’s Huawei and ZTE Corporation (OTC: ZTCOY) threaten the integrity of communications networks and communications supply chains in the United States. What Happened FCC Commissioner, Brendan Carr, released a statement prohibiting U...
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Xilinx Stock Soars As Chip Maker Forecasts Rise In Revenue
Tuesday, June 30, 2020 - 6:22am | 410Read More...Xilinx Inc (NASDAQ: XLNX) stocks soared in the after-hours session as the California-based chip manufacturer updated its financial guidance for the first quarter of FY 2021. What Happened Xilinx's revenue for the first quarter of FY 2021 was revised upwards between $720 million and $734...
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US Companies Get Approval To Work With Huawei On 5G Standards
Tuesday, June 16, 2020 - 11:09am | 303Read More...The United States Commerce Department has cleared the way for U.S. companies to work with Huawei in the development of standards for upcoming 5G networks. What Happened On Monday, Wilbur Ross, the secretary of commerce, announced a new rule allowing U.S. companies to contribute to 5G...
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Huawei CFO Meng Wanzhou Closer To Being Extradited To US After Losing Key Court Case
Thursday, May 28, 2020 - 5:33am | 404Read More...Huawei’s CFO, Meng Wanzhou, facing bank fraud charges in the United States, suffered a setback in Canadian courts Wednesday, when a judge agreed that the case met the standards of double criminality. What Happened In January, the court in Vancouver, British Columbia, started the hearings...
