Tag: huawei

• Saturday, March 30th 2019 - 08:08 UTC

  Huawei sales top US$ 100bn despite US campaign on fears of security threat

  

  Chinese telecoms giant Huawei said revenues topped US$ 100bn in 2018 despite a US-led campaign against the business on fears it poses a security threat. The firm said revenue for 2018 hit 721.2bn yuan (US$ 107bn), while net profit jumped 25% to 59.3bn yuan.

• Thursday, March 7th 2019 - 08:32 UTC

  Huawei files a lawsuit against the US government for banning purchase of its products

  

  Huawei has filed a lawsuit against the US government over a ban that restricts government agencies from using its products. In a statement, the firm said the US Congress has “failed to produce any evidence to support its restrictions”.

• Wednesday, February 20th 2019 - 09:06 UTC

  Huawei founder: “there's no way the US can crush us: we are more advanced”

  

  Huawei Technologies founder Ren Zhengfei said “there’s no way the US can crush us”, according to an interview he gave to BBC. “The world cannot leave us because we are more advanced. Even if they persuade more countries not to use us temporarily, we can always scale things down a bit,” he said.

• Tuesday, January 29th 2019 - 09:25 UTC

  Rough times ahead: US Justice files several criminal charges against Huawei and the owner's daughter

  

  The United States Justice Department has filed a host of criminal charges against Chinese telecoms giant Huawei and its chief financial officer, Meng Wanzhou. The charges against the world's second largest smart-phone maker include accusations of bank fraud, obstruction of justice and theft of technology.

• Monday, January 28th 2019 - 09:15 UTC

  Huawei telecom dispute: Trudeau sacks Canadian ambassador in Beijing

  

  Prime Minister Justin Trudeau has fired Canada's ambassador to China, John McCallum. It follows controversial comments Mr McCallum made about an extradition case involving a senior executive from the Chinese telecoms giant Huawei. Mr Trudeau said in a statement he had asked John McCallum to step down, but did not offer a reason.

• Wednesday, January 23rd 2019 - 09:05 UTC

  China's hounded Huawei warns it could shift to countries “where it is welcomed”

  

  The chairman of Chinese tech giant Huawei has warned that his company could shift away from Western countries if it continues to face restrictions. Huawei has been under scrutiny by Western governments, which fear its products could be used for spying.

• Saturday, January 19th 2019 - 08:50 UTC

  Germany plans to block China's Huawei products from its 5G network

  

  Germany is considering ways to block Huawei from its next-generation mobile phone network, according to reports. Berlin is exploring stricter security requirements which may prevent Huawei products being used in its 5G network.

• Friday, January 18th 2019 - 09:23 UTC

  US investigating China's Huawei for “stealing trade secrets” from American partners

  

  The United States is reportedly investigating Huawei for “stealing trade secrets” from American business partners in the latest action against the Chinese technology giant. The criminal inquiry was first reported by the Wall Street Journal (WSJ).

• Thursday, December 13th 2018 - 09:15 UTC

  Huawei dispute: China arrests second Canadian on suspicion of harming state security

  

  Canadian businessman Michael Spavor, who worked with North Korea, is being investigated on suspicion of harming China’s state security, officials said, days after a former Canadian diplomat was detained in China in an escalating diplomatic row.

• Saturday, December 8th 2018 - 09:28 UTC

  Huawei's Meng arrest becoming a major diplomatic conflict

  

  Huawei Technologies Co Ltd’s chief financial officer faces U.S. accusations that she covered up her company’s links to a firm that tried to sell equipment to Iran despite sanctions, a Canadian prosecutor said on Friday, arguing against giving her bail while she awaits extradition.