Huawei

FedEx Corp (NYSE: FDX) shares were moving down Monday on a report of a Huawei smartphone shipped from the U.K. to the U.S. that was returned by the carrier.  FedEx apologized for the "operational error" made in not delivering a Huawei smartphone to a U.S. address, according to the...

The semiconductor company MACOM Technology Solutions Holdings (NASDAQ: MTSI) is warning that its third-quarter revenue is expected to fall due to the Huawei ban. What Happened  Macom said Tuesday that its third-quarter revenue is now expected to fall in a range between $107 million and $...

U.S. President Donald Trump's administration banned China's Huawei from buying certain components made by American firms, which could cost the company tens of billions of dollars. What Happened Huawei founder Ren Zhengfei said during a panel discussion in China it now expects 2019 revenue...

Huawei Technologies is delaying the release of its foldable smartphone from June to September, according to the Wall Street Journal. Huawei's reason for postponing the sale of its $2,600 Mate X smartphone is to improve the quality of the folding screen, the phone’...

Huawei will find alternative suppliers for components it now buys in the United States after the Trump administration placed the manufacturer on a trade blacklist, reports Nikkei Asian Review. "We use American parts for some older-model products," said Tony Xu, head of Huawei's smart...

Skyworks Solutions Inc (NASDAQ: SWKS) lowered its fiscal third-quarter revenue guidance Tuesday, citing the impact from export restrictions imposed by the Commerce Department on Huawei. The Analysts KeyBanc Capital Markets analyst John Vinh maintained his Sector Weight rating on the shares of...

China will release official 5G business licenses to major carriers in the country Thursday, according to China's Global Times, an newspaper aligned with the country's Communist Party.  This is a significant move on China's part in attempting to maintain its position in...

Skyworks Solutions Inc (NASDAQ: SWKS) cut third-quarter guidance citing the impact of the Department of Commerce’s actions against Huawei. Skyworks cut preliminary third-quarter earnings per share from ~$1.50 to ~$1.34, compared to the $1.50 estimate. Sales have been cut from $815 million-$...

MaxLinear Inc (NYSE: MXL) reduced its second-quarter earnings and sales guidance Tuesday as a result of the U.S. ban on American companies selling technology to the Chinese company Huawei. MaxLinear cut its second quarter sales guidance from a range of $83 million to $88 million to a...

Nokia Corporation (NYSE: NOK) said Monday it now has more than 40 commercial agreements with the companies building 5G networks as it seeks to be a top player in the behind-the-scenes work to create the infrastructure behind the next-generation communications networks. “Since the announcement...

Finisar Corporation (NASDAQ: FNSR) shares are down 10.5 percent in the past month, but at least one large option trader is betting things could get worse for Finisar and/or its pending merger partner II-VI, Inc. (NASDAQ: IIVI) in the months ahead. The Trades On Friday morning, Benzinga Pro...

Chinese telecommunications giant Huawei s enduring significant controversy in the U.S. Recently, the Commerce Department blacklisted Huwaei, barring the company from buying chips from several major U.S. semiconductor companies. Additionally, Alphabet Inc. (NASDAQ: GOOG) suspended its relationship...

Plenty of Wall Street analysts have weighed in on Apple, Inc. (NASDAQ: AAPL)’s exposure to the U.S. trade war with China. On Friday, one analyst said Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) could be at risk of losing more than $400 million in annual sales as a result of the recently...