China reacted furiously Thursday after a top executive and daughter of the founder of Chinese telecom giant Huawei was arrested in Canada following a US extradition request, threatening to rattle a trade war truce with the United States. The detention of Meng Wanzhou, Huawei’s chief financial officer, comes after American authorities reportedly launched an investigation […]
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Chinese tech ‘wolf’ Huawei stalks Apple and Samsung
Ren Zhengfei, the founder of Chinese telecoms behemoth Huawei, likens the company to a ruthless “wolf” tirelessly running down its prey, an ethos that could soon make it the apex predator of the smartphone world. Despite being essentially barred from the critical US market, Huawei surpassed Apple to become the world’s number two smartphone maker […]
China’s Huawei eyes smartphone summit after passing Apple
China’s Huawei on Friday said it could replace Samsung as the world’s top smartphone maker by late next year, just days after data showed it surpassed Apple for the number-two spot despite being essentially barred from the key US market. The chief of Huawei’s consumer division, Richard Yu, made the remark at the release of […]
US Justice Department launches probe against Huawei over violating Iran sanctions
The US Justice Department has opened an investigation into suspected violations of Iran sanctions by China’s Huawei Technologies, the Wall Street Journal reported Wednesday. A Justice probe would come on the back of subpoenas issued to the company by the US Commerce and Treasury Departments over sanctions-related issues, according to the Journal. Huawei — one […]