Search results for "big tech"

US proposes rules to vet all telecoms-related purchases

By ELAINE KURTENBACH AP Business Writer BEIJING (AP) — The Department of Commerce has proposed requiring case-by-case approvals of all purchases of telecommunications equipment in a move likely to hit major Chinese suppliers like Huawei. The plan issued Tuesday follows President Donald Trump’s order in May declaring a national emergency and restricting purchases by U.S. […]

Huawei sells folding smartphone with no Google after US ban

By JOE McDONALD AP Business Writer BEIJING (AP) — Chinese tech giant Huawei is selling its first folding smartphone without Google apps or U.S.-made processor chips following sanctions imposed by Washington. The Mate X, which unfolds to 14.6 centimeters (5.8 inches) wide, went on sale Friday on Huawei’s online store in China priced at 16,999 […]

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 […]

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 […]

China accuses US of 'economic bullying' over equipment ban

BEIJING (AP) — China on Tuesday accused the U.S. of “economic bullying behavior” after U.S. regulators cited security threats in proposing to cut off funding for Chinese equipment in U.S. telecommunications networks. China would “resolutely oppose the U.S. abusing state power to suppress specific Chinese enterprises with unwarranted charges in the absence of any evidence,” […]

The Internet of Things - For Better or for Worse?

The Internet of Things (IoT) is changing all aspects of our lives, how we live, how we work, how we get value from our belongings and assets, and even how governments and societies function. The connectivity layer for the IoT is usually provided by the telecommunications system, which means it will consequently become part of an ecosystem. […]