Search results for "HUAWEI"

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 […]

Huawei to roll out its own operating system to smartphones

Huawei is launching its own HarmonyOS mobile operating system on its handsets as it adapts to losing access to Google mobile services two years ago after the U.S. put the Chinese telecommunications company on a trade blacklist. Huawei was expected to announce the launch of HarmonyOS on Wednesday for various devices including smartphones and tablets. […]

China's Huawei says sales down 16.5% amid US sanctions

Embattled Chinese tech giant Huawei said Wednesday first-quarter revenue fell after it sold its lower-priced Honor smartphone brand, but profitability improved. Sales declined 16.5% from a year earlier to 152.2 billion yuan ($23.5 billion) due in part to lower revenue for its consumer unit, the company said. It gave no earnings but said its profit […]

Huawei to launch two 6G network satellites in July, report finds

Chinese tech titan Huawei is reportedly looking to launch two satellites alongside two Chinese partners during July 2021 meant for verifying 6G network technologies, as the company aims to take the lead in its global R&D efforts, The Global Times reported late last week. According to the report – which cites independent digital blogger Chang’an […]

Romania bans Huawei from its 5G efforts

The Romanian government approved on Thursday a United States-supported bill banning China and its mammoth telecoms vendor Huawei from participating in the country’s 5G development efforts, reported Reuters citing a member of the IT&C and National Security Committee. Romania joins the likes of the U.S., UK, India, and Taiwan who consider Huawei to be persona […]

Huawei to invest more than $1 billion to develop electric vehicles

Chinese tech titan Huawei is aiming to invest one billion dollars to research self-driving and electric vehicles (EV) technologies, as the company aims to take on market leader Tesla Inc. and rival Xiaomi. Speaking to industry analysts in Shenzhen earlier this week, rotating chairman Eric Xu said that the telecom giant will team up with […]

China's Huawei says 2020 sales rose despite US sanctions

Chinese tech giant Huawei said Wednesday it eked out higher sales and profit last year but growth plunged after its smartphone unit was hammered by U.S. sanctions imposed in a fight with Beijing over technology and security. China’s first global tech brand reported sales of phones, network gear and other technology rose 3.8% over 2019 […]