Search results for "HUAWEI"

Nokia 3Q profit beats expectations despite chip shortage

Wireless and fixed-network equipment maker Nokia on Thursday reported third-quarter profit above analyst expectations on increasing sales of 5G technology and trimmed costs, but the company warned that the global shortage of semiconductors made the market outlook foggy and could hamper growth. The Espoo, Finland-based company reported net profit of 463 million euros ($537 million) […]

U.S. Senate reinforces restrictions on Chinese tech firms

On Thursday, the U.S. Senate voted unanimously on legislative approval to halt Huawei and ZTE’s plans from obtaining additional equipment licenses from watchdogs. Chinese tech firms Huawei Technologies Co Ltd and ZTE Corp took their latest punch from regulatory authorities in a supplementary attempt to impose harsher legislation on Chinese operations in the U.S., under […]

Chinese tech regulations morph U.S. firms’ course of action

U.S. Big Tech legion seems to be torn between two economic powerhouses. In a battle for dominion between the East and the West, Big Tech companies are forfeiting from the Chinese market to prevent getting caught in the conflict, except for Apple, according to the BBC. Last week, Microsoft announced news of shutting down its professional […]

GITEX Tech Week, day 3: Announcements buzz the event floor

The third day of GITEX Tech Week 2021 was one full of announcements; many companies had waited until everyone was immersed into the action to get them fired up with their innovations and news. Ceremonies, statements, new releases, partnerships, and the like reciting exciting opportunities opened up in the world of tech. Be they local, […]

GITEX Tech Week, Day 1: Innovation at the Helm

The inaugural day of GITEX Tech Week was filled with childlike excitement for almost all attendees. Your sense of scent is the first to be triggered when stepping into the halls of the event. Imagine the satisfactory smell of newly opened technology, a brand-new smartphone, laptop, or tablet, then multiply that times a million; truly […]

Android’s apps trail users’ device interaction, research finds

Google, device manufacturers, and third-party apps could be probing deeper into users’ on-device habits by creating a tailing road to survey their every interaction through Android’s apps OS, a Trinity College’s study revealed. Data breaches and password leaks have taken the world by a swoop the minute a global conceptualization broke out that no one […]

Samsung marks loftiest Q3 sales, demand boosts chip value

South Korean manufacturer Samsung marked its highest third quarter (Q3) in history as chip demand rises, on account of the market’s inflated semiconductor and smartphone consumption.  Samsung’s quarterly sale outcome is the most promising in the company’s history, and the vendor has semiconductor and smartphone manufacturing to thank for that. The company’s operating profit is […]

Ethiopia initiates bidding for second license

The Ethiopian Communications Agency (ECA) disclosed Tuesday that it has once again welcomed a request for a second license for national telecoms with a lower than anticipated price margin, due to be issued in January of next year. Ethiopia’s government revealed that any submitted proposal for the second license must be presented by December 20 […]

FCC’s $1.9 billion program to slay Chinese clout on U.S. turf

In a move to fortify national security, the U.S. Federal Communications Commissions (FCC) finalized Monday its latest draft of a $1.9 billion program to endorse domestic and modest telecom carriers at the expense of extracting Huawei and ZTE’s Chinese influence in the American market. As the East and the West indulge in their personal vendettas, […]