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Search resuls for: "Huawei Technologies Co Ltd"


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China's then ambassador to Australia says that in response to the call, the Chinese public would boycott Australian wine, beef and tourism. Nov. 27, 2020 - China will impose temporary anti-dumping tariffs on Australian wine, China announces. Jan. 3, 2023 - China allows three government-backed utilities and its top steelmaker to resume coal imports from Australia. Oct. 11, 2023 - China releases Australian journalist Cheng Lei after three years in a Beijing prison on national security charges. Oct. 22, 2023 - China agrees to review dumping tariffs of 218% on Australian wine, potentially clearing way for the resumption of imports.
Persons: Yang Hengjun, Anthony Albanese, China's, Cheng Lei, Albanese, Xi Jinping, Jan, Li, Kirsty Needham, Antoni Slodkowski, Gerry Doyle Organizations: SYDNEY, South China, Huawei Technologies Co, Australia's Labor Party Locations: Beijing, Canberra, China, South, Australia, Indonesia, Japan
REUTERS/Florence Lo/Illustration//File Photo Acquire Licensing RightsBEIJING, Oct 31 (Reuters) - China's state-backed chip investment fund has invested 14.56 billion yuan ($1.99 billion) in a memory chip company called Changxin Xinqiao, records showed. According to company registration website Qichacha, Changxin Xinqiao was founded in 2021 in Hefei city, in the eastern Anhui province. Its general manager is Zhao Lun, who is the general manager of ChangXin Memory Technologies, one of China's leading memory chip companies. Changxin Xinqiao and the Big Fund did not immediately respond to Reuters' requests for comment. The organization raised 138.7 billion yuan for its first fund, and 204 billion yuan for its second fund.
Persons: Florence Lo, Changxin Xinqiao, Zhao Lun, YMTC, Changxin, Yelin Mo, Roxanne Liu, Brenda Goh, Simon Cameron, Moore Organizations: REUTERS, Rights, China Integrated Circuit Industry Investment Fund, National Enterprise, Technologies, Big Fund, Memory Technologies, Huawei Technologies Co, Big, Reuters, Thomson Locations: China, Rights BEIJING, Changxin, Hefei city, Anhui, United States, Changxin Xinan, Hefei Xinyi, Taiwan, South Korea, Beijing, Shanghai
A Huawei's staff uses her smartphone at the telecommunication company's Customer Experience Centre in Kuala Lumpur, Malaysia, January 11, 2022. REUTERS/Hussain Hasnoor/File Photo Acquire Licensing RightsKUALA LUMPUR, Sept 27 (Reuters) - Malaysia Prime Minister Anwar Ibrahim said on Wednesday the country's switch to a dual 5G network will allow for more effective participation by China's Huawei Technologies Co Ltd.Malaysia in May had said it would allow a second 5G network to operate from next year, following concerns over a monopoly held by a single state-run network. Reporting by Rozanna Latiff; Editing by Martin PettyOur Standards: The Thomson Reuters Trust Principles.
Persons: Hussain Hasnoor, Anwar Ibrahim, Rozanna Latiff, Martin Petty Organizations: REUTERS, Malaysia, Huawei Technologies Co Ltd, Thomson Locations: Kuala Lumpur, Malaysia, KUALA LUMPUR
Visitors walk past the Huawei logo at the World Artificial Intelligence Cannes Festival (WAICF) in Cannes, France, February 10, 2023. REUTERS/Eric Gaillard/File Photo Acquire Licensing RightsCompanies Huawei Technologies Co Ltd FollowAug 22 (Reuters) - Huawei Technologies Co is building a collection of secret semiconductor-fabrication facilities across China to let the company skirt U.S. sanctions, a Washington-based semiconductor association has warned, Bloomberg News reported on Tuesday. The U.S. Commerce Department had added Huawei to its export control list in 2019 over security concerns. If Huawei is constructing facilities under names of other companies as Semiconductor Industry Association says, then it might be able to circumvent U.S. government restrictions to indirectly purchase American chip-making equipment, according to the Bloomberg report. Huawei and the Semiconductor Industry Association did not immediately respond to Reuters' requests for comment.
Persons: Eric Gaillard, Akanksha, Sherry Jacob, Phillips Organizations: Huawei, Artificial Intelligence Cannes, REUTERS, Huawei Technologies Co, Huawei Technologies, Bloomberg, Semiconductor Industry Association, U.S . Commerce Department, Thomson Locations: Cannes, France, China, Washington, United States, Bengaluru
The executives plan to hold meetings with U.S. officials to talk about market conditions, export controls and other matters affecting their businesses, one of the sources said. Intel and Qualcomm declined to comment, and officials at the White House did not immediately return a request for comment. The sources said other semiconductor CEOs may also be in Washington next week. The chip industry has been warmly received in Washington in recent years as lawmakers and the White House work to shift more production to the U.S. and its allies, and away from China. Many U.S. chip firms get more than one-fifth of their revenue from China, and industry executives have argued that reducing those sales would cut into profits that they reinvest into research and development.
Persons: Arnd, Biden, Pat Gelsinger, Cristiano Amon, Andrea Shalal, Stephen Nellis, Karen Freifeld, Chris Sanders, Edmund Klamann Organizations: Intel Corporation, REUTERS, Intel Corp, Qualcomm Inc, Intel, Qualcomm, White, Huawei Technologies Co, Reuters, Huawei, Nvidia, Nvidia Corp, Thomson Locations: Davos, Switzerland, Washington, China, U.S, Beijing, Many U.S, San Francisco, New York
REUTERS/Arnd Wiegmann/File PhotoJuly 14 (Reuters) - The chief executives of Intel Corp (INTC.O) and Qualcomm Inc (QCOM.O) are planning to visit Washington next week to discuss China policy, according to two sources familiar with the matter. The executives plan to hold meetings with U.S. officials to talk about market conditions, export controls and other matters affecting their businesses, one of the sources said. Intel and Qualcomm declined to comment, and officials at the White House did not immediately return a request for comment. The sources said other semiconductor CEOs may also be in Washington next week. U.S. officials are considering tightening export rules affecting high-performance computing chips and shipments to Huawei Technologies Co Ltd, sources told Reuters in June.
Persons: Arnd, Biden, Andrea Shalal, Stephen Nellis, Karen Freifeld, Edmund Klamann Organizations: Intel Corporation, REUTERS, Intel Corp, Qualcomm Inc, Intel, Qualcomm, White, Huawei Technologies Co, Reuters, Huawei, Nvidia, Thomson Locations: Davos, Switzerland, Washington, China, U.S, San Francisco, New York
SHANGHAI, June 29 (Reuters) - Geopolitics and the national security concerns of some countries are threatening the globalisation of the world’s chip industry and its future growth, the chairman and acting CEO of memory chipmaker Yangtze Memory Technologies (YMTC) said on Thursday. "Our industry itself is cyclical, and each practitioner has his own way of dealing with the cycle. The move barred YMTC's suppliers from shipping U.S. goods to it without a difficult-to-obtain licence. Chen hinted at YMTC's own troubles during his speech, with a direct appeal to equipment suppliers in attendance. "For YMTC that I manage, we can no longer procure parts and components for equipment we had legally bought.
Persons: Chen Nanxiang, Taiwan's TSMC, Morris Chang, Chen, Casey Hall, Muralikumar Anantharaman, Christina Fincher Organizations: Technologies, Huawei Technologies Co, Shanghai Newsroom, Thomson Locations: SHANGHAI, China, Shanghai, United States, Washington
Malaysia has now decided to allow a second entity after DNB's coverage reaches 80% of populated areas, Communications Minister Fahmi Fadzil said in a statement. The government's announcement confirmed a report by Reuters last month on a plan to introduce a second 5G network from January 2024. A recommendation by major carriers for a second 5G provider was rejected by the previous government in March last year. It has said a single network would reduce costs, improve efficiency and accelerate the building of infrastructure. It was not clear how the proposal for a second 5G network would affect DNB's existing agreements with its development partner, Swedish telecoms giant Ericsson (ERICb.ST), and other mobile operators.
May 2 (Reuters) - The European Union and U.S. have warned Malaysia over risks to national security and foreign investment as it finalises a review of its 5G rollout that could allow China's Huawei Technologies Co Ltd to bid for a role in its telecoms infrastructure, the Financial Times reported on Tuesday. Huawei had long been seen as the frontrunner for the contract, with the government having previously dismissed security concerns raised by the United States. "Allowing untrusted suppliers in any part of the network also subjects Malaysia’s infrastructure to national security risks." Huawei, the U.S. embassy in Kuala Lumpur, the EU delegation to Malaysia and the Malaysian Ministry of Communications and Digital did not immediately respond to a Reuters request for comment. ($1 = 4.4570 ringgit)Reporting by Jyoti Narayan in Bengaluru; editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.
Brazil paves way for semiconductor cooperation with China
  + stars: | 2023-04-14 | by ( ) www.reuters.com   time to read: +2 min
[1/2] Brazil's President Luiz Inacio Lula da Silva gestures near First Lady Rosangela "Janja" da Silva during a visit to Huawei's Research and Development Centre in Shanghai, China, April 13, 2023. Ricardo Stuckert/Handout via REUTERSBEIJING, April 14 (Reuters) - China and Brazil agreed on Friday to set up a working group to pursue cooperation on semiconductors as the South American nation strengthens ties with Beijing in areas of sensitive technology. In an interview with Reuters, Lula's foreign policy advisor Celso Amorim said Brazil will not veto the installation of a Chinese semiconductor factory in Brazil, and is interested in developing the technology in cooperation with China. In the slew of MoUs China and Brazil agreed to "explore mechanisms to promote bilateral cooperation in scientific and technological research and industrial innovation." That would involve joint research and development activities between public, private and academic institutions, and the exchange of scientists and scientific papers.
Lula courts Chinese tech for Brazil, brushes off "prejudices"
  + stars: | 2023-04-14 | by ( ) www.reuters.com   time to read: +2 min
BEIJING, April 14 (Reuters) - Brazilian President Luiz Inacio Lula da Silva on Friday defended his country's pursuit of Chinese communication and semiconductor technology, brushing off security concerns from Western nations led by the United States. [1/2] Brazil's President Luiz Inacio Lula da Silva gestures near First Lady Rosangela "Janja" da Silva during a visit to Huawei's Research and Development Centre in Shanghai, China, April 13, 2023. Brazil, however, is interested in attracting Chinese investment in these areas, despite recent U.S. pressure discouraging the use of 5G mobile equipment from Huawei. Among their accords, China and Brazil agreed to "explore mechanisms to promote bilateral cooperation in scientific and technological research and industrial innovation." That would involve joint research and development activities between public, private and academic institutions, and the exchange of scientists and scientific papers.
China's three main carriers – China Telecommunications Corporation (China Telecom), China Mobile Limited and China United Network Communications Group Co Ltd(China Unicom) – are mapping out one of the world’s most advanced and far-reaching subsea cable networks, according to the four people, who have direct knowledge of the plan. They said HMN Tech, which is majority-owned by Shanghai-listed Hengtong Optic-Electric Co Ltd, would receive subsidies from the Chinese state to build the cable. China Mobile, China Telecom, China Unicom, HMN Tech, and Hengtong did not respond to requests for comment. The consortium on the SeaMeWe-6 cable – which originally had included China Mobile, China Telecom, China Unicom and telecom carriers from several other nations – initially picked HMN Tech to build that cable. China Telecom and China Mobile pulled out of the project after SubCom won the contract last year and, along with China Unicom, began planning the EMA cable, the four people involved said.
China's three main carriers – China Telecommunications Corporation (China Telecom), China Mobile Limited and China United Network Communications Group Co Ltd(China Unicom) – are mapping out one of the world’s most advanced and far-reaching subsea cable networks, according to the four people, who have direct knowledge of the plan. They said HMN Tech, which is majority-owned by Shanghai-listed Hengtong Optic-Electric Co Ltd, would receive subsidies from the Chinese state to build the cable. China Mobile, China Telecom, China Unicom, HMN Tech, Hengtong and China’s Foreign Ministry did not respond to requests for comment. The consortium on the SeaMeWe-6 cable – which originally had included China Mobile, China Telecom, China Unicom and telecom carriers from several other nations – initially picked HMN Tech to build that cable. China Telecom and China Mobile pulled out of the project after SubCom won the contract last year and, along with China Unicom, began planning the EMA cable, the four people involved said.
But it posted net profit of 35.6 billion yuan ($5.18 billion), down some two-thirds from 2021 when profit was helped by the sale of its Honor mid-range smartphone business. INDUSTRY SUPPORTR&D spending over the year rose 13.2% to 161.5 billion yuan ($23.50 billion), equivalent to a quarter of company revenue. Such spending helped Huawei with replacing components in its products that were hit by U.S. trade sanctions, Meng said. Revenue for 2022 came in at 642.3 billion yuan. Huawei's asset-to-liability ratio was 58.9% and it had a net cash balance of 176.3 billion yuan.
SHENZHEN, China, March 31 (Reuters) - China's Huawei Technologies Co Ltd (HWT.UL) said net profit slumped last year, as the tech conglomerate boosted research and development spending and grappled with increases in materials costs. It posted net profit of 35.6 billion yuan ($5.2 billion), down roughly two-thirds from 2021 when profit was helped by the sale of its Honor mid-range smartphone business. Revenue for 2022 came in at 642.3 billion yuan. R&D spending rose 13.2% to 161.5 billion yuan, equivalent to a quarter of the company's revenue, said Meng. Huawei's asset-to-liability ratio was 58.9% and it had a net cash balance of 176.3 billion yuan.
A company run by Geely Chairman Eric Li took a majority stake in Meizu last year, making the Volvo owner the first established carmaker to enter the premium smartphone sector. He later named the company Xingji Meizu, with the brand as its smartphone arm. Other tech-auto partnerships in China include Huawei Technologies (HWT.UL), whose Harmony operating system powers Seres cars. Meizu, a two-decade-old Chinese consumer electronics company, rose to prominence early in the 1ast decade as an up-and-coming Chinese Android. ($1 = 6.8766 Chinese yuan renminbi)Reporting by Josh Horwitz, Zhang Yan and Brenda GohOur Standards: The Thomson Reuters Trust Principles.
Three of China’s state-owned carriers – China Telecommunications Corporation (China Telecom), China Mobile Limited and China United Network Communications Group Co Ltd (China Unicom) – had committed funding as members of the consortium, which also included U.S.-based Microsoft Corp and French telecom firm Orange SA, according to six people involved in the deal. China Telecom, China Mobile, China Unicom and Orange did not respond to requests for comment. China Telecom, China Mobile and China Unicom were resolutely behind HMN Tech, which had come in with a bid of around $500 million. China Telecom and China Mobile threatened to walk off the project, taking tens of millions of dollars of investment with them. Among them is China Telecom, which had previously won authorization to provide services in the United States.
REUTERS/Wolfgang Rattay/File PhotoSHENZHEN, China, March 24 - Huawei Technologies Co Ltd (HWT.UL) has made breakthroughs in electronic design automation (EDA) tools for chips produced at and above 14-nanometre technology, Caijing financial news magazine reported on Friday, citing a speech by a senior Huawei executive. Huawei will complete testing on the tools this year, rotating chairman Xu Zhijun said in a speech on Feb 28., Caijing reported. Huawei has developed 78 tools related to chip hardware and software, the report added. Chip design companies use EDA software to produce the blueprints for chips before they are mass manufactured at fabs. China is home to a handful of domestic EDA software makers, but experts do not consider them globally competitive.
The announcement comes as Huawei and other Chinese technology companies rush to localise their supply chains in the face of mounting U.S. sanctions. According to a transcript of Xu's remarks published by Caijing, Huawei cooperated with domestic EDA companies to create the software, "basically realising the localisation of EDA tools above 14nm." Chip design companies use EDA software to produce the blueprints for chips before they are mass manufactured at fabs. China is home to a handful of domestic EDA software makers, but experts do not consider them globally competitive. All three overseas EDA companies fell subject to Washington's sanctions against Huawei in 2020.
March 17 (Reuters) - Huawei Technologies Co Ltd's (HWT.UL) founder said that the company has replaced more than 13,000 parts in its products that were hit by U.S. trade sanctions, according to a transcript of a speech posted on Friday by a Chinese university. According to the transcript posted by Shanghai Jiao Tong University, Huawei founder Ren Zhengfei said Huawei had over the past three years replaced the 13,000 components with domestic Chinese substitutes and had redesigned 4,000 circuit boards for it products. He said production of circuit boards had "stabilized." The university posted the transcript on its website on Friday. Ren said Huawei invested $23.8 billion in R&D in 2022, and "as our profitability improves, we'll continue to increase R&D spending."
Alibaba and Ant venture to launch RISC-V chips for payments
  + stars: | 2023-03-02 | by ( ) www.reuters.com   time to read: +2 min
The development comes as Chinese companies continue to invest heavily in chips, in the wake of U.S. export restrictions targeting China's semiconductor sector. Alibaba is one of several Chinese tech companies to pour research and development resources into RISC-V, an alternate chip architecture. The open-source nature of RISC-V's design in theory makes it less susceptible to export restrictions. In 2019, Washington imposed export restrictions on China's Huawei Technologies Co Ltd (HWT.UL), which threw the company's access to ARM designs in limbo. In late 2022, the United States launched similar export restrictions on Chinese chip fabs and research labs.
Feb 28 (Reuters) - The Biden administration approved more than $23 billion worth of licenses for companies to ship U.S. goods and technology to blacklisted Chinese companies in the first quarter of 2022, a Republican lawmaker said on Tuesday. The data comes amid growing pressure on the administration of Democratic President Joe Biden to further expand a broad crackdown on shipments of sensitive U.S. technology to China from Republican lawmakers, who now control the House of Representatives. The data comes a week after the Biden administration added new Chinese companies to the trade blacklist for aiding Russia’s military and months after announcing a sweeping new policy aimed at dramatically curbing shipments of chips and chipmaking tools to China. Chinese tech giant Huawei Technologies Co Ltd was added to a trade blacklist known as the entity list by former Republican President Donald Trump in 2019, amid allegations of sanctions violations, spying capabilities, and intellectual property theft. Reporting by Karen Freifeld and Alexandra Alper; Editing by Chizu Nomiyama, Marguerita Choy and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.
"This may be a first step, it may be the only step we need to take," he said referring to the action against TikTok. As government bans TikTok on work phones, "many Canadians, businesses and private individuals will reflect on the security of their own data and perhaps make choices in consequence," he said. The ban was issued "without citing any specific security concern or contacting us with questions," a TikTok spokesperson said in an emailed statement. Ottawa has also previously excluded Chinese firms from Canada's critical minerals and telecommunication sectors, citing risks to its national security. "The Communications Security Establishment’s Canadian Centre for Cyber Security (Cyber Centre) guidance strongly recommends that Canadians understand the risks and make an informed choice on their own before deciding what tools to use."
WASHINGTON, Jan 31 (Reuters) - The White House is launching a partnership with India on Tuesday that President Joe Biden hopes will help the countries compete against China on military equipment, semiconductors and artificial intelligence (AI). Yet the White House faces an uphill battle on each front, including U.S. restrictions on military technology transfer and visas for immigrant workers, along with India's longstanding dependence on Moscow for military hardware, issues it hopes to now address. But Washington has held its tongue, nudging the country on Russia while condoning India's more hawkish stance on China. General Electric Co (GE.N), meanwhile, is asking the U.S. government for permission to produce jet engines with India that would power aircraft operated and produced by India, according to the White House, which says a review is underway. Reporting by Trevor Hunnicutt; Editing by Chris Sanders, Josie Kao and Himani SarkarOur Standards: The Thomson Reuters Trust Principles.
"U.S. restrictions are now our new normal, and we're back to business as usual," Xu wrote in the letter that was addressed to staff and released to media. Revenue for the year is expected to be 636.9 billion yuan ($$91.53 billion), according to Xu. That represents a tiny increase from 2021, when revenue hit 636.8 billion yuan, and marked a 30% year-on-year sales tumble as the U.S. sanctions on the company took effect. The company continues to generate revenue via its networking equipment division, which competes with Nokia (NOKIA.HE) and Ericsson (ERICb.ST). The company began investing in the electric vehicle (EV) sector as well as green technologies around the time sanctions took effect.
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