Huawei

Huawei CFO extradition trial has started in Canada, Nikkei Asian Review reports. What Happened The extradition hearing started on Monday in a court in Vancouver, British Columbia. The court will decide whether Meng Wanzhou, Huawei chief financial officer who is accused of bank fraud and...

Chinese telecom giant Huawei Technologies Co. Ltd. is collaborating with Dutch digital maps supplier TomTom NV (OTC: TMOAF) to make an alternative to Google Maps for its phones, according to Reuters. What Happened Huawei can now use the Dutch digital mapping company’s maps, traffic...

Samsung Electronics Co. Ltd. (OTC: SSNLF) has promoted its youngest president Roh Tae-moon to lead the smartphone unit, Bloomberg reported on Monday. What Happened Roh is taking over the job from co-CEO Koh Dong-Jin, who will continue in his role as the conglomerate's overall IT and...

Apple Inc. (NASDAQ: AAPL) suppliers Skyworks Solutions Inc (NASDAQ: SWKS) and Qorvo Inc (NASDAQ: QRVO) have been getting a lot of love from Wall Street of late, primarily on the improving RF outlook. The Analyst Mizuho's Vijay Rakesh upgraded both Qorvo and Skyworks from Neutral to...

Taiwan-based memory chip maker Macronix International Co., Ltd. is bullish on the memory chip market in 2020, according to Nikkei Asian Review.   What Happened After a rough 2019, the memory chip market could see a steady recovery in demand and a rebound in memory chip...

Samsung Electronics Co Ltd (OTC: SSNLF) sold 6.7 million 5G smartphones worldwide in 2019, surpassing its self-imposed target of 4 million sales for the year, according to CNN. What Happened The South Korean smartphone maker announced on Thursday it shipped over 6.7 million Galaxy 5G...

Vodafone Hutchison Australia Pty Limited has teamed up with Nokia Corporation (NYSE: NOK) to roll out 5G network in Australia in the first half of 2020, according to Reuters. What Happened The 50-50 joint venture of Vodafone Group Plc’s (NASDAQ: VOD) broadband services and Hutchison...

Chinese telecom giant Huawei came under fire Wednesday after The Wall Street Journal reported that an in-depth review found the company benefited from $75 billion in state support. On Friday, Huawei USA chief security officer Andy Purdy was a guest on CNBC to talk about the report. The WSJ...

U.S. National Security Adviser Robert O’Brien warned the U.K. allowing China’s Huawei Technologies Co Ltd into its 5G telecommunications networks would pose a risk to UK’s secret intelligence services, the Financial Times reported on Tuesday. Bloomberg reports countries with 40%...

Chinese telecom equipment and smartphone maker Huawei has shown great resilience in the face of the adversity it faced in the form of ban on its products by a number of countries, including the U.S. Huawei Cements Position Huawei is on track to end the year with smartphone shipments of 230 million...

Idaho-based chipmaker Micron Technology (NASDAQ: MU) is expecting to recover the business by its third financial quarter of 2020. The company's chief executive officer Sanjay Mehrotra told Reuters on Wednesday that Micron was one of the companies to receive the U.S. Department of Commerce...

If the German government moves to ban Huawei Technologies Co. Ltd.'s 5G services, the "Chinese government will not stand idly by," the country's ambassador to Germany, Wu Ken said at an event in Berlin, according to Bloomberg. What Happened "If Germany were to take a decision...

A Canadian court on Tuesday ordered the country's attorney general to share evidence with Huawei Technologies Co. Ltd. Chief Financial Officer Meng Wanzhou in her extradition case to the U.S. The Supreme Court of British Columbia’s Heather Holmes, who is presiding over the case, said...

The U.S. sanctions on Chinese telecom giant Huawei Technologies Co. Ltd. are not just hurting the company’s business but the businesses of many other companies which are trying to sell smartphones in China, including Apple Inc (NASDAQ: AAPL). Huawei Strengthens Domestically Huawei’s...

Huawei Technologies Co. Ltd. has filed an appeal against the U.S. Federal Communications Commission’s decision to bar rural carriers benefiting from its Universal Service Fund to use Huawei equipment. What Happened The Chinese telecom giant filed a “petition for review” in the U.S...