Search results for "HUAWEI"

Canadian justice lawyer says Huawei CFO was dishonest

The dishonesty of a senior executive for Chinese communications giant Huawei Technologies put a bank at risk of violating U.S. sanctions against Iran, a Canadian justice department lawyer told an extradition hearing Thursday. Canada arrested Meng Wanzhou, the daughter of Huawei’s founder and the company’s chief financial officer, at Vancouver’s airport in late 2018. The […]

China dismisses Canadian protests over cases tied to Huawei

China on Thursday dismissed Canada’s protests of harsh sentences handed down by Chinese courts to Canadians whose cases are seen as linked to the arrest in Vancouver of a top executive at Chinese tech giant Huawei. The Foreign Ministry and the Chinese Embassy in Canada accused Ottawa of making unwarranted, groundless accusations that “grossly interfered […]

Canadian faces spy ruling in China as Huawei decision looms

A Canadian entrepreneur who was charged with spying after his government arrested an executive of Chinese tech giant Huawei faces a possible verdict Wednesday as Beijing steps up pressure on Canada ahead of a court ruling on whether to hand over the executive to face U.S. criminal charges. Michael Spavor and another Canadian were detained […]

Huawei’s Q2 revenues dip to 29%, as KT profit soars by 38%

Chinese telecom giant Huawei experienced fatal losses in Q2 2021 revenues, while South Korea-based telecom provider, KT Corporation, acquired on Tuesday a remarkable increase in profits during the same period. The two-year old U.S. sanctions imposed on the Chinese firm pounded both its network infrastructure and smartphone sales. The consumer electronics business was the company’s […]

U.S. advises against Brazil’s usage of Huawei 5G equipment

The U.S. has expressed its support toward Brazil’s proposal of becoming a NATO partner but stressed its concerns regarding the Latin American country’s business with Chinese telecoms titan Huawei within its 5G telecoms network, White House officials told reporters on Monday.  During a trip to Brazil last week, U.S. National Security Advisor notified President Jair Bolsonaro of the state’s concerns in partnering with Huawei citing cybersecurity […]

China upholds Canadian's death sentence as Huawei case looms

A Chinese court on Tuesday rejected a Canadian drug convict’s appeal of a death sentence in what appeared to be an effort to step up pressure on Canada to release a detained executive of tech giant Huawei. The Canadian government condemned the ruling and appealed to China to grant clemency to Robert Schellenberg. His sentence […]

Canadian justice lawyer: US didn't mislead in Huawei arrest

There is no evidence to support defense allegations the U.S. acted in bad faith or omitted evidence in an attempt to mislead an extradition hearing for a top executive at Chinese communications giant Huawei Technologies, a Canadian government lawyer said Thursday. The argument came in a hearing for Meng Wanzhou, who is Huawei’s chief financial […]

Lawyers for Huawei CFO argue US 'strategically crafted' case

Lawyers for a senior Huawei executive argued in a Canadian court Wednesday that the United States “strategically crafted” a misleading record of the fraud case against her and acted “in bad faith” when presenting reasons she should be extradited. Huawei Technologies Chief Financial Officer Meng Wanzhou, who is the daughter of the company’s founder, was […]

Judge denies new evidence in Huawei CFO extradition case

A British Columbia Supreme Court judge will not allow new evidence to be admitted in the U.S. extradition case of Huawei chief financial officer Meng Wanzhou, Associate Chief Justice Heather Holmes said during a case management hearing on Friday.  Huawei’s CFO faces fraud charges over misleading investment bank HSBC about her company subsidiary’s activities in Iran, which the U.S. said violated sanctions.   Meng and […]

Huawei signs 4G patent license agreement with Volkswagen

Chinese telecom Huawei agreed earlier this week to sign a 4G patent license agreement with the German car manufacturer Volkswagen. The decision – which joins two U.S. sanctioned companies — is considered one of the biggest patent licensing agreement Huawei provides within the auto making industry. As per the deal, the telecom titan’s 4G mobile […]