Huawei

Republican lawmakers warned Apple Inc (NASDAQ: AAPL) against intense scrutiny lest it procured memory chips from controversial Chinese semiconductor manufacturer Yangtze Memory Technologies Co for the new iPhone 14, the Financial Times reports. The lawmakers expressed alarm at...

Apple Inc (NASDAQ: AAPL) CEO Tim Cook said in an interview at the annual Code Conference this week that the iPhone maker faces fierce competitors. What Happened: Cook was asked about competition in the interview and whether Apple was a monopoly. “The facts don't bear you out,”...

In a staff email, the founder of China's Huawei Technologies Co Ltd expressed its shift of focus from pursuing scale to ensuring profits and cash flow as the global economy enters a prolonged recession, Reuters reports. "With survival the main principle, marginal businesses...

By Brant Carter “Rip and replace” counts among the pithier terms in the history of telecommunications regulation. The phrase is vernacular for the U.S. Federal Communication Commission’s Secure and Trusted Networks Reimbursement Program, and it’s simple enough conceptually....

Chinese tech giant Huawei Technologies Co almost doubled its R&D budget over the past half-decade to $22.1 billion in 2021, Bloomberg reports. The R&D budget was equivalent to 22.4% of Huawei's sales in 2021, nearly double Amazon.com Inc's (NASDAQ: AMZN)...

Alibaba Group Holding, Inc.'s (NYSE: BABA) flagship e-commerce business is going through a lean patch, a function of domestic softness and intensifying competition. Can the company's thriving cloud business pick up some of the slack? A new report released by Canalys shows that Alibaba...

Chinese automaker Seres has started retail deliveries of its AITO M5 hybrid electric vehicle, the first to run on telecom giant Huawei’s Harmony operating system, state-backed media Global Times reported on Sunday. What Happened:...

Huawei Technologies looks to spend CNY4 billion ($632.52 million) on building a new headquarters and R&D center for its digital power unit, Reuters reports. Huawei Digital Power inked an agreement on February 17 with the local government of the southern metropolis of Shenzhen, where its...

As Apple, Inc. (NASDAQ: AAPL) gears up to release its December quarter earnings scorecard, a data point released Wednesday increases confidence in a strong showing. Apple Back On Top: Apple has overtaken local player Vivo to become China's top smartphone vendor in the December quarter,...

Huawei Technologies Co's revenue dropped 38% to 135.4 billion yuan, or $21.2 billion in the most recent quarter due to the U.S. embargo, the Wall Street Journal reports. The quarter marked the former Microsoft Corp (NASDAQ: MSFT), Alphabet Inc's (...

The competitive dynamics in the global wearable band market has changed in the second quarter, according to a new report from Canalys. Apple Toppled: China's Xiaomi Corp (OTC: XIACF) overtook Apple Inc (NASDAQ: AAPL) to become the top wearable band vendor in the second quarter,...

Amazon.com Inc (NASDAQ: AMZN) maintained its dominant position last year in the cloud infrastructure market that is worth billions, even as its share shrunk in the category that is growing fast, according to research firm Gartner. What happened: In 2020, Amazon held a market share of about 41...

Huawei — a Chinese technology giant that produces smartphones and telecom infrastructure — is launching its own blockchain services. What Happened: According to a Monday Forkast report, the President of the Global Financial Services Business Unit of Huawei Enterprise Business...

MingZhu Logistics Holdings (NASDAQ: YGMZ) shares were trading higher Wednesday following an announcement of cooperation with Guandong Huawei Modern Logistics. Here are some speculative short- and long-term support and resistance levels to watch. The 5-minute chart below shows what technical...

BlackBerry's Network Operations Center in Waterloo, Canada Shares of Blackberry Ltd. (NYSE: BB) are up almost 120% this month as investors have become excited about the company's recent announcements.  What Happened: After Blackberry Ltd phones fell out of style over 10 years ago...