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Topic: Huawei

Last month, the FCC asked the Justice Department to determine whether China Unicom's U.S. operations posed security risks. (REUTERS) News 

FCC says ZTE poses threat to U.S. national security

Nitin Misra,

The Federal Communications Commission (FCC) said on Tuesday it had rejected a petition from ZTE Corp asking the agency to reconsider its decision designating the Chinese company as a threat to US national security from communications networks. The FCC announced in June that it had officially named China’s Huawei Technologies Co and ZTE as threats, a statement that bars U.S. companies from tapping into an $8.3 billion government fund to buy equipment from companies. ZTE did not immediately respond to a request for comment. Last week, the FCC said it…

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Xiaomi, whose shares more than doubled in 2020, reported an increase in adjusted net profit to 4.1 billion yuan from the previous year, beating the forecast by 3.3 billion yuan. (REUTERS) News 

Xiaomi’s sales grew fastest in two years after Huawei’s fall

Febin Mathew,

Xiaomi Corp. posted its fastest pace of revenue growth in more than two years after the Chinese smartphone giant took market share from Huawei Technologies Co. when US sanctions intensified. The second-largest smartphone name in China reported a 34.5 percent stronger-than-expected sales increase to 72.2 billion yuan ($ 11 billion) in the September quarter. More than half of that comes for the first time from its home country, with Xiaomi taking advantage of Huawei’s pullout to further research markets from Western Europe to India, where it has broadened its lead.…

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A visitor to the Huawei Honor 20 smartphone line-up photographs the product at an event in London, Britain on May 21, 2019. REUTERS / Peter Nicholls / File Photo / File Photo (REUTERS) News 

Huawei sells the Honor brand to a consortium of agents and resellers to keep the unit alive

Febin Mathew

Huawei Technologies Co Ltd is selling its budget-branded Honor smartphone unit to a consortium of more than 30 agents and resellers in a bid to keep it alive, the company and consortium said on Tuesday. The deal comes after US restrictions on supplying Huawei Technologies on the grounds that the company poses a threat to national security – which it denies. The consortium released a statement on Tuesday announcing the purchase, which will be made through a new company, Shenzhen Zhixin New Information Technology. Huawei will not hold any shares…

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FILE PHOTO: A Qualcomm sign is shown outside one of the company's many buildings in San Diego, California, United States September 17, 2020. REUTERS / Mike Blake / File Photo (REUTERS) News 

Qualcomm receives US clearance to sell 4G chips to Huawei as an exception to ban

Febin Mathew, ,

Qualcomm Inc on Friday received a license from the US government to sell 4G cell phone chips to China’s Huawei Technologies Co Ltd, an exemption from US trade restrictions imposed amid mounting tensions with China. “We have been licensed for a number of products, including some 4G products,” a Qualcomm spokeswoman told Reuters. Qualcomm and all other U.S. semiconductor companies were forced to stop selling to the Chinese tech firm in September after U.S. trade restrictions took effect. The spokesperson declined to comment on specific 4G products Qualcomm may sell…

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China captures 46 percent of global sales in 2019 5G disruption ahead

Nitin Misra

Driven by Huawei, China remained the largest contributor to the global market, 5G, capturing 46% of the total 5G equipment through in 2019, a new report said on Thursday. Although Samsung 5G led the global sales of more than 40% market share, Huawei (including Honor) alone captured 74% of the 5G sales in China. “However, the high degree of dependence on the Chinese market, Huawei makes the most vulnerable to the effects of COVID-19 outbreak of the smartphone market,” according to the latest research of the Counter Point ‘Market Pulse…

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US court rejects challenge to Huawei federal law restricting business

A federal judge in Texas on Tuesday rejected the Chinese telecom equipment maker Huawei Technologies Co. Ltd, a constitutional challenge to US law, which limits its ability to do business with federal agencies and their contractors. In the 57-page decision, US District Judge Amos Mazzanti ruled in favor of the United States and noted that Congress has acted within the limits of its competence by incorporating restriction National Defense Authorization Act, which also targeted the Chinese company ZTE Corp. Huawei spokesman said the company was disappointed with the loss. “We…

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