Tag: China
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Huawei to invest $3.1 billion in Italy on a fair 5G policy
China’s Huawei Technologies said it would invest $3.1 billion in Italy over the next three years, as the Chinese telecoms giant called on Rome to ensure the “transparent, efficient and fair” use of its ‘golden power’ on 5G network development.
Apple starts app development program in China
Apple Inc has started a program in Shanghai to help Chinese developers create apps as part of the iPhone maker’s efforts to build out its services business in one of its most critical overseas markets.
U.S. to provide licenses for sales to Huawei on national security protection condition
The U.S. Department of Commerce will issue licenses to U.S. companies seeking to sell to Chinese telecoms equipment giant Huawei Technologies Co Ltd where there is no threat to national security, Commerce Secretary Wilbur Ross said on Tuesday.
FedEx apologizes for Huawei phone delivery error
FedEx Corp has apologized for returning a package which the sender said contained a Huawei smartphone, blaming an “operational error” as it works to comply with U.S. restrictions on business with China’s Huawei Technologies Co Ltd.
US ban will lead to $30bn loss in revenues- Huawei
Huawei predicts it will lose $30bn in revenue over the next two years as a result of its US ban.
