Opinion & Analysis Archives - Page 9 of 14

Biden signs new order to review foreign investment in US chips

18Sep

By Huawei NewsNo Comments

Biden signs new order to review foreign investment in US chips

US President Joe Biden on Thursday signed an executive order that raised Washington's national security concerns as he reviewed foreign investment in key industries such as semiconductors. The order directs the Committee on Foreign Investments in the United States (CFIUS) to assess the impact of any foreign transaction in four areas to better align the committee with the Biden administration's national security priorities: critical supply chain resilience, technology leadership, cybersecurity and sensitive personal data. It also requires CFIUS to consider foreign transactions in the context of investment trends that could threaten national security, such as the acquisition of multiple companies in a single industry segment. According to the White House fact sheet, areas listed as affect...

India continues its pressure on Chinese companies

18Sep

By Huawei NewsNo Comments

NEWS, Opinion & Analysis

India continues its pressure on Chinese companies

India's arrest of a man described as the "mastermind" behind China-linked shell companies is the latest sign of New Delhi's escalating campaign of crackdown on mainland companies in recent months. The Ministry of Corporate Affairs said on Sunday that the suspect had appointed rogue executives to the boards of these scam businesses that were potentially involved in "financial crimes that harm the country's financial security." His arrest came after several raids, including the Gurgaon offices of Jilian Consultants India Private Ltd, a wholly owned subsidiary of Jilian Hong Kong Ltd. According to Alex Capri, a research fellow at the Hinrich Foundation, this empowered push is part of India's strategic separation from China. People gather to check out Xiaomi’s newly launched products at ...

Taiwanese chipmaker Macronix, Huawei statement

17Sep

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NEWS, Opinion & Analysis

Taiwanese chipmaker Macronix, Huawei statement

The head of Taiwanese chipmaker Macronix International Co Ltd said on Friday it is "doing very well" in switching customers after the Trump administration's ban on supplying China's Huawei. Miin Wu, Chairman and CEO of Macronix, told reporters at the company headquarters in Taiwan's chip hub Hsinchu that Huawei used to be its number one customer for 5G-related chips. www.mxic.com.tw When asked about the impact of English-speaking and US restrictions on sales to Chinese firms, Wu said, "The only thing I can do to that end is find more customers that fit our business." "We're very good at that. We actually get a lot of new customers from Europe, from the US. They used to only buy from US suppliers, now they buy from me. So I don't understand. that's a problem." Source: Reuters...

17Jul

By Huawei NewsNo Comments

NEWS, Opinion & Analysis

India raided Vivo ‘s office

India raided the offices of Chinese smartphone maker Vivo. Previously, he had made searches on Huawei and Xiaomi. Why is India raiding Chinese firms? Chinese smartphone maker Vivo said on Tuesday it was "cooperating with authorities" in India after reports of investigators raiding dozens of its offices on suspicion of money laundering. The searches make Vivo the latest Chinese tech company to face scrutiny from Indian research institutions following similar raids on Xiaomi and Huawei Technologies Co. Vivo‘‘s manufacturing center in Dongguan city, Guangdong province. Photo: File/Handout A Vivo spokesperson confirmed that the Enforcement Directorate, India's financial crime-fighting agency, raided multiple locations and seized company property. Vivo Spokesperson; “Vivo cooperates...

Huawei resumes export of smartphones and other peripheral electronics to Russia

17Jul

By Huawei NewsNo Comments

NEWS, Opinion & Analysis

Huawei resumes export of smartphones and other peripheral electronics to Russia

According to the information received, the "Izvestia" report shows that Huawei has resumed exporting smartphones and other peripheral electronic products to Russia. "A new batch of products is indeed on the way," said an insider. Eldar Murtazin, one of the leading analysts of Mobile Research Group, reported that Huawei's export deliveries to Russia have resumed. He said Huawei products will be available for sale in two weeks through partners and the company's website. But a Huawei spokesperson declined to comment on the matter. In particular, Izvestia was told that the main problem was the battery and screen shortage, and all other spare parts could only be ordered. Other authorized dealers have the same explanation. At the same time, some smartphone suppliers claim that the R...

Pakistan Strengthens Relations with Huawei

11May

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NEWS, Opinion & Analysis

Pakistan Strengthens Relations with Huawei

At a meeting today with Yi Xiang, Huawei's Senior Vice President and President for the Middle East region, Pakistani Prime Minister Shehbaz Sharif spoke publically on plans to increase cooperation with Huawei's information technology development in Pakistan. Also in attendance at the meeting were the Chinese Charge d' Affairs to Pakistan Pang Chunxue, Huawei Pakistan CEO Meng Qiang, and Huawei Pakistan Public Relations Director Wu Han. Pakistan currently exports US$1.5 billion in software services and related products annually, and this industry is expected to continue seeing rapid growth. Huawei, in particular, has also played a key part in developing Pakistan's ICT talent ecosystem ever since it began operating in the region in 1998. Sharif expressed his hopes for Huawei's future r...

Chinese smartphone manufacturer Transsion Holdings, statement on Russian money operations

14Mar

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NEWS, Opinion & Analysis

Chinese smartphone manufacturer Transsion Holdings, statement on Russian money operations

A Shenzhen-based smartphone maker said it relied on yuan payments to maintain its operations in Russia, and is the first Chinese tech firm to explain how it has maintained business continuity there after Western countries slammed tough financial sanctions on Moscow after the invasion of Ukraine. Transsion Holdings, a budget smartphone maker, said in a message to investors that when asked about the impact of the sanctions on Russia, they started trading the Chinese yuan to manage potential risks. He did not elaborate.The company said that the Russian market makes up only a small part of the total revenue and that Moscow's military operation in Ukraine will not significantly affect its operations. However, confirmation that the company is using yuan payments shows a path Chinese busine...

Memorandum of Understanding signed between Saudi Arabia and Huawei

9Feb

By Huawei NewsNo Comments

NEWS, Opinion & Analysis

Memorandum of Understanding signed between Saudi Arabia and Huawei

With the Digital Academy of Saudi Arabia (Saudi Digital Academy) signed a memorandum of understanding with Huawei on the cultivation of local talents. The agreement was signed by Mohammed Al-Suhaim (CEO of Saudi Digital Academy) and Steven Liu (Vice CEO of Huawei's Technology Investments in Saudi Arabia). The agreement aims to achieve the Saudi Arabian Vision 2030 target and promote its digital transformation. With the agreement signed between Saudi Arabia and Huawei, approximately 8,000 Saudis will specialize in training Saudi Arabian network security, artificial intelligence, cloud computing and 5G network usage. Apart from the agreement, it was learned that it will also conduct different training programs on the academy, with the exchange of information between Saudi Arabia...

Chinese Foreign Ministry made a statement about the British blocking Huawei

17Jan

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NEWS, Opinion & Analysis

Chinese Foreign Ministry made a statement about the British blocking Huawei

According to information from Chinanews, Chinese Foreign Ministry spokesman Zhao Lijian said in Beijing on January 17, in response to the UK's "blocking" of Huawei, that the British media recently announced that the UK's decision to "block" Huawei. He said he commented that the UK would greatly delay its 5G construction targets. Oliver Dowden, UK Secretary of State for Digital, Culture, Media and Sport, said banning Huawei equipment would delay the UK's 5G rollout by two to three years. Restricting key equipment suppliers like Huawei from entering the UK 5G infrastructure construction market will increase UK-related network deployment cost by 9% to 29% over the next decade, according to a survey by the Oxford Research Institute. Zhao Lijian emphasized that some people and forces in the ...

Huawei and Volkswagen rumored to be a joint autonomous driving company

11Jan

By Huawei NewsNo Comments

NEWS, Opinion & Analysis

Huawei and Volkswagen rumored to be a joint autonomous driving company

Rumors began to appear that Huawei and Volkswagen would establish a joint autonomous driving company. Regarding the Volkswagen rumors, the CEO of Volkswagen China made the opening. In the statement, Huawei and Volkswagen said that they were really discussing the issue, but there was no news that could be confirmed. It was reported that Huawei plans to establish a joint venture with the global automobile giant Volkswagen Group in October 2021 to develop autonomous driving technology. One of the ways to discuss cooperation is that Volkswagen Group invests and becomes the controlling party of the joint venture, and Huawei mainly provides technical IP (i.e. intellectual property). Among them, the technical IP provided by Huawei included not only software technologies such as autonomous d...