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Huawei CEO Ren Zhengfei predicts 30% gain in global handset shipments in 2019 despite US trade blacklist

Huawei Technologies founder and chief executive Ren Zhengfei said he expects the Chinese telecom giant to ship 30 per cent more handsets globally this year despite being blacklisted by the US from doing business with American suppliers.The Shenzhen-based company’s two smartphone brands, Huawei and Honor, will ship an estimated 270 million handsets globally in 2019, Ren said in an interview with Yahoo Finance published recently. Huawei confirmed the contents of the interview, without elaborating… Source link

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Gallium: China tightens grip on wonder metal as Huawei works on promising applications beyond 5G

Did you know that a 5G base station can be squeezed into a casing the size of a shoebox? It’s thanks to gallium, a soft, bluish metal that makes it possible.The chipsets that generate powerful bursts of high frequency radio waves are not made with silicon, but gallium nitride. They consume little electricity, produce little heat, and can function comfortably at 800 degrees Celsius, making bulky equipment for power supply and air conditioning redundant.Gallium is one of the 35 technology… Source link

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US senators seek to lock in limits on Huawei and keep it out of trade talks

A bipartisan group of US senators proposed a law on Tuesday to prevent Chinese telecommunications company Huawei Technologies from doing business with US companies without Congressional approval instead of relying solely on an executive order by President Donald Trump, thus limiting his ability to use the firm as a bargaining chip in trade talks with Beijing.Trump declared a national emergency on May 15, signing an executive order that did not name Huawei, a leader in 5G technology, but barred… Source link

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Huawei plans job cuts at US operations as it struggles with blacklisting, report says

Huawei Technologies is planning extensive lay-offs in the United States as the Chinese telecoms equipment company grapples with its US blacklisting, The Wall Street Journal reported, citing people familiar with the matter.The lay-offs were expected to affect jobs at Huawei’s US-based research and development subsidiary Futurewei Technologies, which employs about 850 people in research labs across the United States, the Journal said.,The lay-offs could be in the hundreds, one person told the… Source link

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Huawei increased first-half revenue despite US trade ban, chairman says

Huawei Technologies, the world’s largest telecommunications equipment supplier, increased revenue in the first half of this year, despite a US government-imposed trade ban and continued scrutiny overseas about the security of its 5G network products.“Huawei’s entire businesses ran smoothly [since that ban],” said rotating chairman Liang Hua, who declined to provide specific figures, at a press conference in Shenzhen on Friday.The privately held company, which is expected to announce its… Source link

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Beijing should avoid ‘punishing’ Canada over Huawei case, cautions Ottawa’s ex-ambassador to China

Canada’s former ambassador to China, sacked because of remarks he made in the wake of Huawei’s high-profile extradition case, said he has warned former colleagues at China’s Ministry of Foreign Affairs that any further “punishments” imposed on Canada’s exports could lead to a change of government that is unfavourable to Beijing.“Anything that is more negative against Canada will help the Conservatives, [who] are much less friendly to China than the Liberals,” John McCallum, a veteran Liberal… Source link

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Huawei founder predicts limited impact from Trump decision to allow sales of some US tech products to the company

US President Donald Trump’s move to relax a US trade ban on Huawei Technologies will not have much impact as the company will concentrate on its own business, according to its founder and chief executive Ren Zhengfei.“President Trump’s statements are good for American companies. Huawei is also willing to continue to buy products from American companies,” Ren said in a statement, according to a Financial Times report.“But we don’t see much impact on what we are currently doing. We will still… Source link

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Europe's 5G roll-out is being delayed by trade war, Huawei pressure and security reviews, says Tele2 CEO

The roll-out of 5G services across Europe has been slowed by US sanctions against Huawei Technologies and as European governments review the impact of using Chinese network equipment, the head of Swedish telecommunications group Tele2 said.US President Donald Trump’s administration had targeted Huawei on security grounds, but a partial lifting of restrictions was a key element of a weekend agreement to reopen stalled trade negotiations with China.Tele2 chief executive Anders Nilsson said the… Source link

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Here’s how American chip makers pressed Trump’s administration to ease US export controls for Huawei Technologies

President Donald Trump’s decision to allow US companies to continue selling to Huawei followed an extensive lobbying campaign by the US semiconductor industry that argued the ban could hurt America’s economic and national security.In multiple high-level meetings and a letter to the Commerce Department, the companies argued for targeted action against Huawei Technologies instead of the blanket ban the Trump administration imposed in May. That includes identifying specific technologies that the… Source link

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China 

Trump’s Huawei promise met with silence from China as Beijing plays down prospects of progress

China has taken a cautions approach in its reaction to Saturday’s meeting between President Xi Jinping and US counterpart Donald Trump, remaining quiet over remarks made by the American leader in Japan that some restrictions would be lifted against telecommunications manufacturer Huawei.After a closed-door, 80-minute meeting between Xi and Trump at the G20 summit in Osaka, Japan, on Saturday, the government published only a short statement summarising the talks, which stated that the two… Source link

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