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Huawei revenue holding up despite US sanctions
Chinese tech giant Huawei Technologies estimated its 2022 revenue grew 0.4% annually, suggesting that its sales decline due to US sanctions had come to a halt. Read more…
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US senators revive a bill to block Huawei from US banks
US lawmakers introduce a bipartisan bill to restrict Huawei and Chinese 5G companies from accessing US banks. A separate TikTok ban is also on the table. Read more…
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ZTE accused of violating probation from 2017 deal with alleged visa fraud
ZTE will go back to US federal court after being accused of violating its probation from its 2017 guilty plea for violating Iran sanctions. Read more…
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The trillion-dollar sanctions weapon in the US-China tech stock war
Threat of a $1 trillion US sanctions hit on Chinese internet giants have led emerging market stocks to their first record high since 2007. Read more…
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Despite a tough 2020 don’t count Huawei out just yet – analysts
Huawei will likely see slower 5G business and push further into software while hoping its smartphones get a reprieve from US sanctions. Read more…
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Chinese handset makers smell blood as sanctions hobble Huawei
Chinese handset rivals of Huawei are making aggressive moves to seize market share as US sanctions hobble Huawei’s supply chains. Read more…
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Trump says Huawei, Hikvision among Chinese military owned companies
The Trump administration has determined that top Chinese firms, including Huawei and Hikvision, are controlled by the Chinese military. Read more…
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Huawei to give staff $286mn bonus to help ride out US sanctions
Chinese telecoms giant Huawei Technologies said it will hand out $286 million in cash rewards to staff working to help it weather US trade sanctions. Read more…
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North Korea smartphone boom despite UN sanctions
North Korea is evading UN sanctions to cash in on soaring domestic demand for smartphones, using low-cost hardware imports Read more…
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China threatens reverse sanctions on India if they block Huawei
China has told India not to block its Huawei from doing business in the country, warning there could be consequences for Indian firms. Read more…
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Huawei steps up legal fight against US sanctions
China’s Huawei Technologies has filed a legal motion seeking to declare a US defence law unconstitutional, in its latest bid to fight sanctions. Read more…
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Hikvision is next for Huawei like treatment
The US administration is considering Huawei-like sanctions on Chinese video surveillance firm Hikvision that would limit its ability to buy US technology. Read more…
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Huawei was just the tip of the sanctions iceberg. Oh Joy!
Huawei is just the first of many, many companies that are hoping against hope that the US trade war with China doesn’t get any worse. Read more…
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China slams US government blacklists and trade sanctions
China slammed a decision by the US government to put telecom equipment giant Huawei on a blacklist and said it will take steps to protect its companies. Read more…
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ZTE profit rebounds after US sanctions lifted
China’s ZTE Corp reported a first-quarter profit of 862.6 million yuan ($128.2 million), as it recovered from last year’s US sanctions. Read more…