Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
SHANGHAI, China (AFP) — Chinese telecom giant Huawei said on Tuesday that more than 600 jobs would be lost at a US unit as a result of “curtailment of business operations” caused by Washington’s sanctions on the firm and 68 of its subsidiaries. The layoffs will come at the Chinese company’s US-based research and development arm, Futurewei Technologies, which is incorporated in Texas, an email statement from Huawei said. Futurewei employs more than 750 people, […]
WASHINGTON, United States (AFP) — Chief executives from several US tech companies met with President Donald Trump on Monday and expressed “strong support” for policies restricting the use of products from Chinese telecom giant Huawei. Washington accuses Huawei of working directly with the Chinese government and its intelligence services, which it says could pose security risks — claims the company denies. In May, Trump hit Huawei with an executive order that effectively banned it from […]
MILAN, Italy (AFP) — Chinese tech giant Huawei said Monday it plans to invest $3.1 billion (2.75 billion euros) in Italy over three years, as the firm looks to strengthen its foothold in Europe after the US labelled it a major security risk. Huawei — a leader in next-generation 5G wireless technology — is subject to US sanctions over concerns about its ties to the government in Beijing and Washington has urged allies to shun […]
WASHINGTON, United States (AFP) — Chinese telecoms giant Huawei, which is subject to US sanctions over concerns about its ties to the government in Beijing, is planning to make major job cuts at its US operations, The Wall Street Journal reported Sunday. The layoffs are expected at Huawei’s US-based research and development arm, Futurewei Technologies, the paper reported, citing unnamed people familiar with the situation. The unit currently employs 850 people at several labs in […]
OSAKA, Japan (AFP) — US President Donald Trump said on Saturday that US companies could sell equipment to Chinese telecom giant Huawei, indicating a potentially softer position on a key sticking point in the US-China trade war. “US companies can sell their equipment to Huawei,” Trump told reporters in Osaka hours after sealing a tariff truce with Chinese President Xi Jinping. “We’re talking about equipment where there’s no great national security problem with it.” […]
SHENZHEN, China (AFP) — Huawei’s founder said Monday the Chinese telecom giant’s overseas smartphone sales have tumbled since the US last month threatened to blacklist the company, and he warned the embattled firm would slash production to weather the US drive to isolate it. The announcements by Huawei founder and CEO Ren Zhengfei marked the first clear indication from the company of the impact of the US pressure, which is being applied over concerns […]
The founder of Huawei said the Chinese telecom giant would slash production over the next two years as it grapples with a US push to isolate the company internationally. “In the coming two years, the company will cut production by $30 billion,” Ren Zhengfei said during a panel discussion at corporate headquarters in Shenzhen. © Agence France-Presse
by Dmitry ZAKS LONDON, United Kingdom (AFP) — Huawei’s cybersecurity chief told the UK parliament Monday that the Chinese telecoms giant has been advised it was under no obligation to spy for Beijing if so asked by the Communist state. John Suffolk told a committee hearing that Huawei has sought guidance from its attorneys to see if a Chinese law on domestic companies’ cooperation with the government on security matters could force it to conduct […]
WASHINGTON, United States (AFP) — The Chinese government convened top tech companies this week and warned them of consequences if they cut off technology sales to the country, US media reported on Saturday. The meeting followed US President Donald Trump’s move last month to blacklist Chinese tech giant Huawei over national security concerns, threatening the firm’s global ambitions and ramping up the months-long trade battle between the two countries. Earlier this week, the Chinese government […]
MONTREAL, Canada (AFP) — Hearings on whether a top official with Chinese telecoms giant Huawei should be extradited to the United States to face accusations of violating Iran sanctions will begin on January 20, 2020, a Vancouver judge decided Thursday. According to a timeline agreed upon by lawyers and accepted by British Columbia’s provincial supreme court, the five-day hearing in the case of Huawei CFO Meng Wanzhou will be the first in a series of […]
LONDON, United States (AFP) — US President Donald Trump urged Britain to be “very careful” about involving Chinese tech giant Huawei in its new 5G network, in an interview published Saturday ahead of his state visit to London. Asked about reports that Britain is planning to give the firm a limited role, Trump told the Sunday Times newspaper: “Well, you have other alternatives and we have to be very careful from the standpoint of national […]
SHANGHAI, China (AFP) — Huawei will sell its majority share in a submarine cable unit, the stake’s buyer announced Monday, amid a US-led drive to isolate the Chinese telecom giant from global information networks over spying fears. US President Donald Trump has attacked Huawei in recent months, urging allies to boycott its products and blacklisting the Chinese firm from buying some US software. Undersea cables are vital to global internet traffic. The 51 percent stake […]
