Huawei

The Chinese tech behemoth and Apple Inc rival Huawei has unveiled its new software brand for intelligent driving, “Qiankun.” This move is part of the company’s strategic plan to establish a significant presence in the electric vehicle (EV) industry. What Happened: Huawei’s...

"Mad Money" host Jim Cramer had a strong reaction after new data revealed Apple Inc. (NASDAQ:AAPL) had a dismal start to 2024, facing a 19.1% drop in iPhone sales in China. What Happened: Apple's iPhone sales in China nosedived 19.1% in the first three months of 2024, with its market share...

U.S. Commerce Secretary Gina Raimondo dismissed Huawei Technologies Co.‘s latest chip technology as significantly lagging behind the United States. What Happened: On Sunday, in an interview with CBS News’ 60 Minutes, Raimondo, a member of President Joe Biden’s cabinet,...

The past week was a rollercoaster ride for Apple Inc. (NASDAQ:AAPL), with news ranging from potential manufacturing expansion in Indonesia to a new challenge in the Chinese market from Huawei. The tech giant also faced questions about the profitability of its App Store and concerns about a China-...

Chinese tech giant Huawei Technologies Co. has launched its latest series of smartphones, the Pura 70, in a move to further challenge Tim Cook’s Apple Inc. (NASDAQ:AAPL) in the high-end segment of the Chinese market amid falling iPhone sales. What Happened: Huawei unveiled the Pura 70 series...

Republican lawmakers have expressed their discontent with the Joe Biden-led administration after tech giant Huawei, a major Chinese telecom company, unveiled a new laptop powered by an Intel Corp. (NASDAQ:INTC) AI chip. What Happened: The unveiling of the MateBook X Pro, Huawei’s first AI-...

Nvidia, AMD chip-rival Huawei Technologies is significantly bolstering its semiconductor research and development capabilities by establishing a new, expansive center in Shanghai. What Happened: Huawei Technologies is escalating its efforts in semiconductor research and development by establishing...

The electric vehicle (EV) market is witnessing a shift in momentum as Apple Inc. (NASDAQ:AAPL) scales back its EV plans, while Chinese smartphone companies are accelerating theirs, potentially reshaping the high-end EV landscape. What Happened: Apple has put a damper on its electric vehicle (EV)...

Chinese tech company Huawei Technologies has reportedly commenced deliveries of the Luxeed S7 electric sedan it developed with Chery Auto. What Happened: The Luxeed S7, a product of the collaboration between Huawei and Chery Auto, has finally begun mass deliveries despite semiconductor...

China’s electric vehicle market is poised for a major leap forward, with Warren Buffett-backed BYD Co Ltd (OTC:BYDDF) (OTC:BYDDY) — which beat Tesla to become the world’s largest seller of battery electric vehicles last year — predicting a major shift in the...

For the first time, Nvidia Corporation (NASDAQ:NVDA) has named Huawei Technologies as a major rival in the artificial intelligence (AI) chip market. What Happened: Nvidia, in a filing with the Securities and Exchange Commission on Wednesday, recognized Huawei as a top competitor in various...

Wedbush analyst Dan Ives offered a positive perspective on Apple Inc.‘s (NASDAQ:AAPL) position in China, despite a recent revenue decline in the region. What Happened: Apple’s first-quarter earnings report showed a year-over-year increase, surpassing market expectations. However, the...

China’s largest chipmaker, Semiconductor Manufacturing International Corp (SMIC), has managed to produce more sophisticated chips despite U.S. sanctions. However, the company still faces significant hurdles in its quest for semiconductor self-sufficiency. What Happened: Despite U.S. sanctions...

Chinese tech giant Huawei is reportedly preparing to launch its next flagship phone, the Mate 70 series, in September, positioning it as a strong contender against Apple Inc.’s (NASDAQ:AAPL) upcoming iPhone 16. What Happened: The news was revealed by a Weibo blogger who suggested that the...

In a surprising turn of events, Apple Inc (NASDAQ:AAPL) has emerged as the leading smartphone brand in China, despite fierce competition from local companies and increasing government restrictions. What Happened: For the first time, Apple’s iPhone series topped the charts in China’s...