Twitter and FTChinese.com jointly released Twitter’s Report on Influences of Chinese Brands Going Global 2019, which focuses on high tech, gaming, mobile apps and cross-border e-commerce industries.
Trade tension between the U.S. and China exacerbates as Steve Bannon, former White House chief strategist, says driving out Huawei is more important than the trade deal.
Huawei takes another heavy hit as ARM Holdings, a British semiconductor and software design company, cuts ties with it to comply with U.S. sanctions.
On Monday, The US Department of Homeland Security (DHS) issued a warning notice to US firms, expressing concerns over Chinese-made drones possibly posing risks to their company data.
After the US Commerce Department, Bureau of Industry and Security (BIS) added Huawei Technologies Co., Ltd. (Huawei) and 68 affiliated companies located in 26 countries to the “Entity List”, the Chinese technology giant was forced to break commercial ties with multiple partners, Google among the most important ones.
On Wednesday, the U.S. Department of Commerce restricted Huawei’s access to American technology, banning the company from buying U.S. technology without special approval.
May 15, The US President Donald Trump declared a national emergency over threats against American technologies, the White House stated. The executive order aims to “protect America from foreign adversaries who are actively and increasingly creating and exploiting vulnerabilities in information and communications technology infrastructure and services”.
Huawei’s Chief Financial Officer Meng Wanzhou wrote a letter on May 9 to Huawei employees, thanking them for their support following her arrest. The letter is her first public comment since she was detained last December.
Huawei’s CFO Meng Wanzhou appeared on May 8 in a Canadian court for a pre-extradition hearing on financial fraud charges linked to Iran sanctions violations. The trial was ordered to set a timetable for Meng’s upcoming extradition hearing, and her lawyers appealed for stay of proceedings based on three arguments.
In Q1 of this year, Huawei generated CNY179.7 billion ($27 Billion) in revenue, a 39 percent year-on-year growth.
On Apr. 18, Time released its list of the 100 most influential people in 2019. Apart from entertainment celebrities like Taylor Swift and Ariana Grande, the list also brings with it big guns from China’s tech industry including Ren Zhengfei, founder of Huawei, Zhang Yiming, CEO of Bytedance and He Jiankui, the initiator of the world-renowned gene-editing surgery.
Honor had just released the Honor 20i, the newest and first member of its 20 series smartphone.
Xiaomi received the Best Brands Russia award in the category of “Best Growth Brand” on Apr. 9 in Moscow.
While everyone has their eyes on 5G technology, the Chinese tech giant Huawei is holding all the trumps. When asked if the company was to sell its self-developed 5G modems to Apple, Huawei chose not to comment.
China’s telecommunication giant Huawei is expanding its global footprint by establishing three academies in Jordan to provide advanced information and communication technology (ICT) training to Jordanian youth.