BUDAPEST, Hungary (AP) — Hungary’s foreign minister says China’s Huawei will take part in the construction of the country’s next-generation 5G wireless network. Peter Szijjarto said Tuesday in Shanghai, China, that Huawei will be cooperating with Britain’s Vodafone and Germany’s Deutsche Telekom in the project. He added that Hungary does not discriminate between companies based […]
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By KELVIN CHAN AP Business Writer LONDON (AP) — The European Union warned Wednesday that next-generation telecommunication networks face a range of cyber threats, including from hostile countries. While steering clear of singling out Chinese tech company Huawei, an EU security risk assessment identified “states or state-backed actors” as the most serious and likely culprits […]
SEOUL, South Korea (AP) — Samsung Electronics said Thursday its operating profit for the last quarter fell by nearly 56%, with its robust sales of smartphones, displays and TVs offset by a continuously weak market for computer chips. The South Korean technology giant reported an operating profit of 7.78 trillion won ($6.7 billion) for the […]