Huawei says US ban hurting more than expected, to wipe US$30 billion off revenue
China's Huawei has taken a harder-than-expected hit from a US ban, the company's founder and CEO Ren Zhengfei said, and slashed revenue expectations for the year.
China's Huawei has taken a harder-than-expected hit from a US ban, the company's founder and CEO Ren Zhengfei said, and slashed revenue expectations for the year.
Huawei will delay the launch of its much-touted foldable 5G Mate X smartphone by three months, the latest setback for the company that was slapped with US sanctions last month.
China's Huawei has applied to trademark its "Hongmeng" operating system (OS) in at least nine countries and Europe, data from a UN body shows, in a sign it may be deploying a back-up plan in key markets as US sanctions threaten its business model.
Some of the world’s biggest tech companies have told their employees to stop talking about technology and technical standards with counterparts at Huawei in response to the recent U.S. blacklisting of the Chinese tech firm, according to people familiar with the matter.
Without a realistic upgrade path to 5G there is “no credible case” for TPG to resume its rollout of Australia’s fourth mobile network, the telco has argued.
Huawei Technologies has unveiled an open lab for next-generation 5G wireless network in South Korea, but kept the launch low-key given its recent blacklisting by the United States, a key security ally of the Asian nation.
Huawei Technologies has filed a motion for summary judgement in its lawsuit against the US government in an attempt to fight sanctions from Washington that threaten to push it out of global markets.
Smartphone sales in Australia have slumped by 10.2 per cent to 2 million units in the first quarter of 2019, according to research firm Gartner.
Huawei's MD for the Middle East has revealed a possible date for Huawei's long-rumoured mobile operating system.
Huawei, hit by crippling US sanctions, could see shipments decline by as much as a quarter this year and faces the possibility that its smartphones will disappear from international markets, analysts said.
Nokia chief executive Rajeev Suri said on Tuesday the company could benefit from a US clampdown on Chinese rival Huawei as the race to roll out 5G services heats up.
Following on from yesterday's seismic announcement that Google would be revoking Huawei's Android license, the company's Australian division has issued a statement.
Alphabet's Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available via open source licensing.
The Trump administration has officially added Huawei Technologies to a trade blacklist, immediately enacting restrictions that will make it extremely difficult for the telecom giant to do business with US companies.
Huawei Technologies unveiled a new database management system, in a bid to expand its enterprise business and challenge Western rivals such as Oracle in China, amid growing scrutiny over its main telecom business.