Latest Telecommunications equipment manufacturing News

FILE - In this Oct. 31, 2019, file photo, the logo of the Samsung Electronics Co. is seen at its office in Seoul, South Korea. Samsung Electronics Co. said Wednesday, Jan. 8, 2020, its operating profit for the last quarter likely fell 34% from a year earlier, which would be a smaller-than-expected decline possibly resulting from increased smartphone shipments and gradually stabilizing computer chip prices. (AP Photo/Ahn Young-joon, File)

Samsung predicts smaller-than-expected drop in profit

Jan. 7, 2020 8:49 PM EST

SEOUL, South Korea (AP) — Samsung Electronics Co. said Wednesday its operating profit for the last quarter likely fell 34% from a year earlier, which would be a smaller-than-expected decline possibly resulting from increased smartphone shipments and gradually stabilizing computer chip prices. The South...

Song Liuping, chief legal officer of Huawei, speaks during a press conference at Huawei's campus in Shenzhen in southern China's Guandong Province, Thursday, Dec. 5, 2019. Chinese tech giant Huawei is asking a U.S. federal court to throw out a rule that bars rural phone carriers from using government money to purchase its equipment on security grounds. (AP Photo/Mark Schiefelbein)

Huawei asks court to throw out US telecom funds ban

Dec. 5, 2019 12:04 AM EST

SHENZHEN, China (AP) — Chinese tech giant Huawei is asking a U.S. federal court to throw out a rule that bars rural phone carriers from using government money to purchase its equipment on security grounds. The lawsuit announced Thursday is Huawei Technologies Ltd.’s second legal challenge this year...

In this Nov. 20, 2019, photo, people stand outside of a Huawei store at a shopping mall in Beijing. The founder of Huawei says the Chinese tech giant is moving its U.S. research center to Canada due to American restrictions on its activities. (AP Photo/Mark Schiefelbein)

Huawei moving US research center to Canada

Dec. 3, 2019 7:57 AM EST

BEIJING (AP) — The founder of Huawei says the Chinese tech giant is moving its U.S. research center to Canada due to American sanctions on the company. In an interview with Toronto’s Global and Mail newspaper, Ren Zhengfei said the move was necessary because Huawei would be blocked from interacting...