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...

A man walks by an electronic stock board of a securities firm in Tokyo, Wednesday, Nov. 27, 2019. Shares were mostly higher in Asia on Wednesday after a fresh set of record highs on Wall Street, spurred by encouraging signs on trade talks between the U.S. and China. (AP Photo/Koji Sasahara)

World markets mostly rise on trade optimism

Nov. 27, 2019 7:45 AM EST

BEIJING (AP) — World shares mostly rose Wednesday, spurred by optimism over trade talks between the U.S. and China. Investors are meanwhile awaiting new U.S. home sales data, a key measure of inflation, and Washington’s latest quarterly estimate of economic growth. Britain’s FTSE 100 gained...

In this Tuesday, Oct. 29, 2019, photo, visitors look at the surveillance cameras and services provided by China's telecoms equipment giant Huawei on display at the China Public Security Expo in Shenzhen, China's Guangdong province. The U.S. Department of Commerce has proposed requiring case-by-case approvals of all purchases of telecommunications equipment in a move likely to hit major Chinese suppliers like Huawei. (AP Photo/Andy Wong)

US proposes rules to vet all telecoms-related purchases

Nov. 27, 2019 5:23 AM EST

BEIJING (AP) — The Department of Commerce has proposed requiring case-by-case approvals of all purchases of telecommunications equipment in a move likely to hit major Chinese suppliers like Huawei. The plan issued Tuesday follows President Donald Trump’s order in May declaring a national emergency...

FILE - In this Dec. 6, 2018, file photo, a man lights a cigarette outside a Huawei retail shop in Beijing.  The Federal Communications Commission on Friday, Nov. 22, 2019 voted, 5-0, to bar U.S. telecommunications providers from using government subsidies to pay for networking equipment from companies that are a threat to national security. The agency says China’s Huawei and ZTE pose such a threat.
 (AP Photo/Ng Han Guan, File)

US regulators bar govt telecom funds for Huawei, ZTE

Nov. 22, 2019 9:07 PM EST

U.S. communications regulators have cut off government funding for equipment from two Chinese companies, citing security threats. The Federal Communications Commission also proposed requiring companies that get government subsidies to rip out any equipment from Huawei and ZTE that they already have in place....