Search results for "China"

Security firm says Chinese hackers intercepted text messages

By TAMI ABDOLLAH Associated Press WASHINGTON (AP) — Chinese hackers with a history of state-sponsored espionage have intercepted the text messages of thousands of foreigners in a targeted campaign that planted eavesdropping software on a telecommunications provider’s servers, a cybersecurity firm said. FireEye said in a report issued on Thursday that the hackers belong to […]

Huawei founder says US woes not hardest crisis

By JOE McDONALD AP Business Writer SHENZHEN, China (AP) — For decades, Huawei’s founder stayed out of sight as it grew to become the biggest maker of network gear for phone carriers and passed Apple as the No. 2 smartphone brand. Now, Ren Zhengfei is shedding that anonymity as China’s first global tech brand mobilizes […]

Hungary says Huawei to help build its 5G wireless network

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 […]

EU warns hostile countries are 5G risk, avoids naming names

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 […]

Samsung Electronics says third quarter profit fell 56%

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 […]