Huawei

BlackBerry Ltd (NYSE: BB) surged nearly 37% in the regular and after-hours sessions on Thursday. What Happened: The spike in the stock came after the company sold 90 patents linked to smartphone technology to China’s Huawei, according to the U.S. Patent and Trademark Office records cited by...

The global smartphone market is on a gradual recovery phase with shipments of approximately 350 million devices in the third quarter of 2020. The Verge initially reported the shakeup across the global smartphone phone market. Samsung Electronics Co Ltd (OTC: SSNLF) topped the leaderboard in Q3...

Advanced Micro Devices, Inc. (NASDAQ: AMD) is reportedly in talks to buy programmable chip maker Xilinx, Inc. (NASDAQ: XLNX) for about $30 billion. The AMD Analyst: Rosenblatt Securities analyst Hans Mosesmann has a Buy rating on AMD with a $120 price target. The AMD Takeaways: A Xilinx...

Intel Corporation (NASDAQ: INTC) has received the federal government nod to keep supplying Huawei Technologies with certain products, Reuters reported Tuesday. What Happened: The Santa Clara, California-based chipmaker has received the relevant licenses from the United States authorities...

BofA Securities named five upcoming catalysts for Apple Inc. (NASDAQ: AAPL) in a new report.  The Apple Analyst: Bank of America analyst Wamsi Mohan maintains a Neutral rating on Apple with a $140 price target.  The Apple Takeaways: “Given the recent reversal in momentum for...

Reflecting on its May 4 initiation of QUALCOMM, Inc. (NASDAQ: QCOM) shares at Underweight, Wells Fargo Securities said it may have got the rating wrong. The Qualcomm Analyst: Gary Mobley upgraded Qualcomm from Underweight to Equal-Weight and increased the price target from $90 to $120. The...

Micron Technology, Inc.’s (NASDAQ: MU) earnings remain strong and its stock valuation is attractive despite the Huawei issue and a guidance cut, according to BofA Securities. The Micron Technology Analyst: Simon Woo maintained a Buy rating on Micron Technology and reduced the price...

U.S. Secretary of State Mike Pompeo says the U.S. has dealt a direct blow to China’s Huawei Technologies and the Chinese Communist Party by further limiting the company’s ability to acquire U.S. technology, which Pompeo says would compromise the integrity of the world’s...

Huawei will stop making its Kirin Chipsets beginning next month, according to the Chinese financial magazine Caixin. What Happened: Amid mounting pressure from the U.S. government, the suppliers of Huawei’s HiSilicon Chip division have started to distance themselves...

QUALCOMM, Inc. (NASDAQ: QCOM) shares are advancing strongly Thursday in reaction to solid quarterly results reported by the wireless technology company and a long-term patent agreement it announced with Huawei. The Qualcomm Analysts Rosenblatt Securities analyst Kevin Cassidy maintained a Buy...

Huawei became the largest smartphone supplier in the world in the second quarter this year, dethroning Samsung Electronics Co. Ltd. (OTC: SSNLF), according to data from research firm Canalys. Q2 Sales: The Chinese telecommunications company shipped 55.8 million devices in Q2, down 5% from the...

Apple Inc. (NASDAQ: AAPL) emerged as the fastest-growing smartphone maker on mainland China in the second quarter this year, as iPhone SE and iPhone 11 models led the company to register robust sales, according to Counterpoint Research data reported by CNBC Tuesday. What...

The U.K. is banning China’s Huawei Technologies Co.'s 5G from next generation mobile networks by 2027 under a new plan to protect critical systems from security threats. What Happened: The decision was announced Tuesday by the digital secretary Oliver Dowden in the House of...

The Federal Communications Commission said Monday that China’s Huawei and ZTE Corporation (OTC: ZTCOY) threaten the integrity of communications networks and communications supply chains in the United States. What Happened FCC Commissioner, Brendan Carr, released a statement prohibiting U...