Huawei, despite consecutive sanctions from U.S,  remained the number two global smartphone vendor in the first quarter of 2019, market trackers said Wednesday, July 31, 2019. 

Chinese's Huawei Technologies Co Ltd, which has been on a U.S. blacklist because of national security concerns, secretly helped North Korea build and maintain its commercial wireless network, the Washington Post reported on Monday, citing sources and internal documents.

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.

Huawei Technologies Co Ltd [HWT.UL] is planning extensive layoffs in the United States as the Chinese telecoms equipment company grapples with its U.S. blacklisting, the Wall Street Journal reported, citing people familiar with the matter.

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.