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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...
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US To Block Shipments Of Semiconductors To Huawei: Report
Friday, May 15, 2020 - 11:40am | 503Read More...The Trump administration is blocking shipments of semiconductors to Huawei Technologies from global chipmakers on Friday, according to Reuters, citing the U.S. Commerce Department. The Commerce Department has said it is amending an export rule to “strategically target Huawei’s...
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Apple Grows Smartphone Market Share Even As Overall Market Declines At Record Pace
Monday, May 4, 2020 - 4:15pm | 597Read More...The coronavirus pandemic has had an impact on the smartphone market, as reflected by the 11.7% year-over-year decline in overall shipments in the first quarter, according to the International Data Corporation. Tech giant Apple Inc. (NASDAQ: AAPL), though not immune to the downturn, largely...
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Apple Increased Smartphone Market Share In China In Q1 During Pandemic: Report
Friday, May 1, 2020 - 4:15am | 294Read More...Apple Inc.'s (NASDAQ: AAPL) share of the smartphone market in China increased to 8.5% in the first quarter, a report from research firm Canalys said Friday. What Happened This compares with a 7.3% market share that Apple accounted for in the first quarter of 2019, Canalys said, as first...
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Huawei Releases Latest Flagship Phone Amid Global Coronavirus Lockdown
Friday, March 27, 2020 - 5:01am | 394Read More...Huawei has announced the release of the flagship phone, but the launch comes at a time when many countries are imposing lockdowns, or asking for voluntary social distancing due to COVID-19. What Happened Huawei’s P40 Pro Plus will be released on April 7, the company announced on Thursday...
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Commerce Extends Huawei Export License Privilege
Wednesday, March 11, 2020 - 11:17am | 526Read More...The Commerce Department's Bureau of Industry and Security (BIS) will announce in a Federal Register notice on Thursday that it will extend a temporary general license for certain U.S. exports to Chinese telecommunications equipment manufacturer Huawei Technologies Co. Ltd. and 114 overseas...
