Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Huawei Technologies Co"


25 mentions found


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.
Huawei Bets on Another Premium 4G Phone
  + stars: | 2023-03-22 | by ( Dan Strumpf | ) www.wsj.com   time to read: 1 min
A Huawei store in Hangzhou, China, earlier this year. HONG KONG—Would you buy a premium-priced smartphone that doesn’t have 5G? Huawei Technologies Co. thinks its customers will, at least in China. More than two years after U.S. sanctions wrecked the Chinese tech giant’s once-dominant global smartphone business, Huawei has stuck with a regular schedule of new flagship phone launches and is gearing up to debut its latest on Thursday.
OTTAWA, March 21 (Reuters) - Canadian Prime Minister Justin Trudeau bowed to pressure from the opposition and agreed to allow his top aide to testify before a parliamentary committee probing alleged Chinese election interference, his office said on Tuesday. Conservative leader Pierre Poilievre has repeatedly called for Trudeau's chief of staff, Katie Telford, to speak in a parliamentary committee looking into the foreign election tampering. The government had refused until the leader of the New Democrat Party, which supports Trudeau in key parliamentary votes, on Tuesday backed the Conservative call. Demands for Telford's testimony stem from allegations in unconfirmed media reports that Trudeau's aides were made aware of specific Chinese interference attempts. In a bid to further address Chinese meddling, Trudeau last week appointed David Johnston, a former governor general, as an independent special investigator into the allegations.
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."
OTTAWA, March 9 (Reuters) - Canadian Police said on Thursday they are investigating allegations that two Montreal-area centers are being used as Chinese state-backed "police stations" to intimidate or harass Canadians of Chinese origin. The investigation adds to mounting allegations of Chinese interference in Canada's internal affairs, including accusations by Ottawa that Beijing tried to influence the last two Canadian elections. In November, the RCMP also launched an investigation into similar reports of Chinese "police service stations" in the Toronto area. The RCMP's deputy commissioner for federal policing, Michael Duheme, told a parliamentary committee last week that the agency has "taken overt actions" that led to the ceasing of operations at four alleged Chinese police stations. The Quebec RCMP alleged that Canadians of Chinese origin have been "victims of the possible activities" conducted by two centers, in Montreal and nearby Brossard, it has identified as possible police stations run by Beijing.
Germany has previously resisted U.S. calls to ban the use of equipment made by Huawei in its critical infrastructure. BERLIN—The German government has launched a review of the country’s 5G high-speed mobile telecommunications networks as part of a broader revamp of its relationship with China, suggesting Berlin is moving closer to banning Chinese suppliers from German networks. The move marks a shift for Berlin, which for years resisted U.S. calls for its European partners to ban the use of equipment made by Huawei Technologies Co. and state-controlled ZTE Corp. in their critical infrastructure. Washington has warned that the existence of Chinese components in its allies’ 5G networks made them vulnerable and could compromise intelligence sharing between Washington and Berlin.
[1/3] The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. Nvidia's plans to sell to Huawei have not been previously reported. Reuters could not learn the details of the specific policy change whose impact was being assessed in the report. The report suggested Qualcomm would likely suffer a "moderate economic impact" from the change in policy, in contrast to Huawei. Indeed, the loss of access to Qualcomm's modem chips would have a bigger impact on Huawei, the report forecast, since Huawei "relies heavily on Qualcomm's modem chips to support its smart phone offering."
OTTAWA, March 3 (Reuters) - Canadian Foreign Minister Melanie Joly told her Chinese counterpart that foreign interference will not be tolerated in Canada's internal affairs, amid calls for a broad public inquiry into China's alleged meddling in the past two elections. "Canada will never tolerate any form of foreign interference in our democracy and internal affairs by China," Joly told China's foreign minister, Qin Gang, in their first-ever meeting, on the sidelines of the G20 summit in New Delhi, according to a statement on Friday. Prime Minister Justin Trudeau and Canada's top security officials acknowledge interference attempts by China, but they insist that election outcomes were not altered. Earlier on Friday, Qin refuted allegations that Chinese embassies and consulates in Canada were trying to interfere in Canadian elections, saying the alleged interference was "completely false and nonsensical." Canada's main opposition party slammed Trudeau for not endorsing a public inquiry, accusing him of trying to cover-up Chinese influence.
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.
Huawei Export Licenses Could be Revoked by U.S.
  + stars: | 2023-02-28 | by ( Ian Talley | Asa Fitch | ) www.wsj.com   time to read: 1 min
The Biden administration is considering revoking export licenses issued to U.S. suppliers for sales to Chinese telecom company Huawei Technologies Co., according to people familiar with the matter, part of a broader tightening of technology trade over national security concerns. The administration previously indicated that it was considering not granting any new export licenses to companies such as Qualcomm Inc. and Intel Corp., which provide chips needed for smartphones and other devices. The action would cover products that use advanced 5G technology as well as older 4G products.
Huawei Export Licenses Could Be Revoked by U.S.
  + stars: | 2023-02-28 | by ( Ian Talley | Asa Fitch | ) www.wsj.com   time to read: 1 min
The Biden administration is considering revoking export licenses issued to U.S. suppliers for sales to Chinese telecom company Huawei Technologies Co., according to people familiar with the matter, part of a broader tightening of technology trade over national security concerns. The administration previously indicated that it was considering not granting any new export licenses to companies such as Qualcomm Inc. and Intel Corp., which provide chips needed for smartphones and other devices. The action would cover products that use advanced 5G technology as well as older 4G products.
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."
China’s Alibaba Cloud has pledged a new investment of $1 billion to support its global partners in the coming three years. SINGAPORE—U.S. cloud-computing companies, dominant globally, are facing intensifying competition from upstart Chinese rivals in Southeast Asia, offering a head-to-head look at how the two geopolitical rivals’ corporate champions stack up in a key technology. China’s Alibaba Group Holding Ltd., Huawei Technologies Co. and Tencent Holdings Ltd. are planning to invest hundreds of millions of dollars in Southeast Asia in the coming years.
China’s Alibaba Cloud has pledged a new investment of $1 billion to support its global partners in the coming three years. SINGAPORE—U.S. cloud-computing companies, dominant globally, are facing intensifying competition from upstart Chinese rivals in Southeast Asia, offering a head-to-head look at how the two geopolitical rivals’ corporate champions stack up in a key technology. China’s Alibaba Group Holding Ltd., Huawei Technologies Co. and Tencent Holdings Ltd. are planning to invest hundreds of millions of dollars in Southeast Asia in the coming years.
CULVER CITY, Calif.—TikTok is trying to win Washington’s trust with a playbook recalling the unsuccessful strategy that another Chinese-owned company, Huawei Technologies Co., took in the U.S. and swaths of Europe. As part of its push to demonstrate openness to U.S. authorities, TikTok this week gave journalists a tour of what it calls its Transparency and Accountability Center. In an office park in this city next to Los Angeles, screens explained how TikTok moderates and recommends the short-form videos on its app.
Huawei, the world’s largest maker of telecom equipment, has said its products aren’t a national-security risk. WASHINGTON—The Biden administration is considering entirely cutting off Chinese telecommunications giant Huawei Technologies Co. from U.S. suppliers over national-security concerns by tightening export controls targeting the firm, according to people familiar with the matter. The move—should the administration move forward—would mark the latest salvo in the high-stakes clash between the world’s two largest economies as U.S. policy makers seek to counter China’s industrial policy they say threatens Western interests.
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.
Chinese EV maker Xpeng joins Tesla, Seres in price cuts
  + stars: | 2023-01-17 | by ( ) www.reuters.com   time to read: +2 min
Xpeng lowered the starting prices for its best-selling pure electric P7 sedan to 209,900 yuan ($31,015), according to the notice, 12.5% lower than its previous level. EV makers, though many of them still loss-making, are therefore under pressure to cut prices to sustain sales volumes. Xpeng said it would offer car owners who purchased automobiles before the price cut extended maintenance services for free as compensation. Xpeng is also counting on a revamped version of the three-year-old P7 sedan to be launched in the first quarter to boost sales. The EV maker sold 59,066 P7 cars in 2022, 2.5% fewer than a year earlier.
HONG KONG—Huawei Technologies Co. said it has exited “crisis mode” following punishing U.S. restrictions, as it reported growth in its telecom infrastructure business and flat overall revenue for 2022. restrictions are now our new normal, and we’re back to business as usual,” said Eric Xu , Huawei’s current chairman, in a New Year’s message to employees that was released by the company.
"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 ($$91.53 billion), according to Xu. That represents a tiny increase from 2021, when revenue hit 636.8 billion yuan, and marked a 30% year-on-year sales tumble as the U.S. sanctions on the company took effect. The company continues to generate revenue via its networking equipment division, which competes with Nokia (NOKIA.HE) and Ericsson (ERICb.ST). The company began investing in the electric vehicle (EV) sector as well as green technologies around the time sanctions took effect.
Despite revenue increasing only marginally, rotating chairman Eric Xu struck an upbeat tone in the company's annual New Year's letter, where he revealed the figure. Revenue for the year is expected to be 636.9 billion yuan ($$91.53 billion), according to Xu. That represents a small increase from 2021, when revenue hit 634 billion yuan ($99.48 billion) and marked a 30% year-on-year sales tumble as the U.S. sanctions on the company took effect. Revenue for 2022 still remains well below the company's record of $122 billion in 2019. The company continues to generate revenue via its networking equipment and cloud divisions, and has steadily invested in the electric vehicle (EV) sector.
Huawei is one of the largest holders of wireless-technology patents globally. HONG KONG—Huawei Technologies Co. and Nokia Corp. reached a deal to continue licensing smartphone and networking technology to each other, reflecting the challenges in unwinding the Chinese company’s technology from global networks despite years of U.S. sanctions. The patent-licensing agreement announced Friday between the two companies extends a five-year-old technology-sharing deal that had been set to expire this year. It comes weeks after Huawei unveiled a licensing agreement for 5G technology with Chinese smartphone rival Oppo Mobile Telecommunications Corp.
Total: 25