Huawei

Chinese telecommunications company Huawei Technologies‘ brand Luxeed, developed in partnership with China’s Chery Automobile, is gearing up to launch its inaugural electric vehicle model in November, according to a report by the South China Morning...

In a surprising twist, Foxconn Technology Group has reportedly been offering its workers at the Huawei Technologies handset production unit higher wages than their counterparts in iPhone manufacturing, according to the South China Morning Post. What Happened The report states that...

The White House has accused China of implementing a ban on Apple Inc.’s (NASDAQ:AAPL) iPhones, alleging it to be a retaliatory measure amid the ongoing trade tensions between the two countries. What Happened: On Wednesday, National Security Council spokesman...

One of the factors that weighed down on Apple, Inc.’s (NASDAQ:AAPL) stock last week was the potential competitive threat posed by Huawei’s new phone. One analyst, however, said he sees the Huawei threat as good news for consumers. The initial batch of Huawei's Mate 60 Pro, priced at $...

The latest smartphone from Huawei Technologies Inc. is causing ripples of concern within Washington circles as it appears to use technology the U.S. has been aiming to restrict from China. This development could potentially hamper the ongoing efforts by the Biden administration to mend...

China is enacting a ban on the use of Apple Inc. (NASDAQ:AAPL)’s iPhones and other foreign-branded devices by government officials. This prohibition will extend beyond government personnel and encompass sensitive departments, government-affiliated entities and state-owned enterprises. While...

Shares of Apple, Inc. (NASDAQ:AAPL) declined in premarket trading on Thursday, signaling that the stock could extend its losses for a second straight session. The stock ended Wednesday’s session down 3.58% at $182.91, according to Benzinga Pro data. In premarket trading, the stock was losing...

Apple, Inc. (NASDAQ:AAPL) has scheduled its “Wonderlust” iPhone 15 launch event for Sept. 12, and typically the stock rallies in the run-up to the event. This time around, things could be different, according to Daniel Niles, founder and portfolio manager at Satori Fund. What Happened:...

The launch of the Mate 60 Pro, the newest smartphone from Huawei Technologies Co., has sparked a debate in Washington D.C. about the effectiveness of U.S. sanctions in halting China’s tech development. What Happened: Huawei unveiled its latest device online this week, coinciding with U.S....

Huawei Technologies could make a splashing comeback to the 5G smartphone market.  What Happened: Huawei is speculated to be testing 5G baseband chips and System-on-a-Chip or SoCs for a flagship handset. The company’s return to the 5G market has been rumored after Richard...

Huawei Technologies Co has developed enterprise IT management software that can replace Oracle Corp (NYSE: ORCL) to reduce its dependence on its Western counterpart. The telecom gear maker is developing in-house software and chips to reduce the repercussions of the U.S....

Seagate Technology Holdings PLC (NASDAQ: STX) settled with the U.S. Department of Commerce's Bureau of Industry and Security (BIS) over allegations that the company's sales of hard disk drives to Huawei Technologies Co between Aug. 17, 2020, and Sept. 29, 2021, did...

According to CNBC, Huawei Technologies reported its biggest profit decline ever last Friday. The Chinese giant blamed rising commodity prices, China’s strict pandemic controls, U.S. sanctions. However, it is important to note that comparison to 2021 is somewhat inadequate...

Huawei Technologies Co recorded its second straight quarter of higher revenue during the third quarter, reflecting signs of stabilization following years of U.S. embargo on sales of its telecom equipment. Revenue at the Chinese telecom giant rose 6.5% to 144.2 billion yuan, or $20 billion,...

Cloud infrastructure services spend in mainland China grew 11% year on year in Q2 2022, reaching $7.3 billion and accounting for 12% of overall global cloud spend, Canalys reports.  Contrastingly China's market growth slowed significantly, falling below 20% for the first time versus...