Hours after CNBC reported that Huawei had scrapped the launch of a new laptop due to U.S. export controls, a source familiar with the matter told the Global Times that the company will release a new laptop next month.
According to Russian state media Sputnik, Huawei has now completed the acquisition of a Moscow security technology company called Vokord. The acquisition cost $50 million, mainly for the company’s technical patents and talents in facial recognition.
The Institute of Electrical and Electronics Engineers (IEEE) released a statement on June 3, stating that employees of Huawei Technologies and its subsidiaries would be allowed to participate in peer reviews for its research papers, lifting the previously imposed ban following U.S. sanctions.
The U.S. blacklisting of Huawei has spurred the Chinese firm to develop its own components, while the threat of imposing rare-earth embargoes on the U.S. has initiated an interest in greater domestic production or alternative suppliers.
During the recent March Quarter 2019 earnings conference call, Alibaba’s Vice Executive Chairman Joe Tsai began by “addressing the elephant in the room”, which is the current US-China trade war.
Beijing-based China Computer Federation (CCF) has cut ties with a publications division of the Institute of Electrical and Electronics Engineers (IEEE) on May 30, following IEEE’s ban on Huawei.
IEEE admitted it’s banning of Huawei employees from peer-reviewing papers is because Huawei has been placed on the Entity List by the Export Administration Regulations (EAR).
The debate between CGTN and Fox anchors that many Chinese were looking forward to turned out to be a puzzling Q&A session.
Today, IEEE sent an email to its editors, saying “we cannot use colleagues from Huawei as reviewers or Editors for the peer-review process of our journals,” because the US government has put Huawei on its BIS list.
Huawei, the embattled Chinese telecoms equipment giant, might be on the verge of falling off with yet another American company.
On May 26, a poster announcing that Huawei was to launch the “Hongmeng” operating system on June 24 leaked to the internet. Later in the evening, the representatives of the company confirmed that the information was not true and encouraged the media to dispel the rumors.
“I love this country [China], and I hope that it will be prosperous and no longer be bullied by others,” Huawei CEO Ren Zhengfei told his interviewer on Sunday.
Chinese multinational technology firm Lenovo stated that it can shift production to other countries if the U.S. slaps additional tariffs on China.
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.