Latest Huawei Technologies Co Ltd News

Editorial Roundup: United States

Sep. 25, 2023 15:57 PM EDT

Excerpts from recent editorials in the United States and abroad: Sept. 23 The Washington Post on the U.S. feeding children in 2023 The children’s names rarely make the news. They are the millions of kids in Somalia, Libya, Mali, Haiti, Afghanistan,...

Apple loses about $200 billion in market capitalization on reports of iPhone restrictions in China

Sep. 08, 2023 08:38 AM EDT

Apple has lost around $200 billion in market capitalization over several days as tensions between the U.S. and China rise, with several media outlets reporting this week that the iPhone maker is being singled out by Beijing. Apple shares fell 3% Thursday and are down more than 5% for...

Chinese tech giant Huawei reports sales, profit up despite US sanctions

Aug. 11, 2023 04:04 AM EDT

BEIJING (AP) — Chinese tech giant Huawei on Friday reported its revenue rose 3% over a year earlier in the first half of 2023 and its profit margin widened despite sanctions that block access to U.S. processor chips and other technology. China's first global tech brand has...

Nokia profits fall as clients particularly in North America shun investments

Jul. 20, 2023 06:34 AM EDT

HELSINKI (AP) — Wireless and fixed-network equipment maker Nokia on Thursday reported a fall in second quarter profit as clients especially in North America postponed investments due to a slowdown in economic growth and rising financing costs. The Espoo, Finland-based company...

Nokia renews patent license agreement with Apple, covering 5G and other technologies

Jul. 01, 2023 07:08 AM EDT

HELSINKI (AP) — Network infrastructure and 5G technology provider Nokia has signed a new long-term patent license agreement with Apple to replace the current deal between the two companies that is set to expire at the end of 2023. The deal, which enables Apple to use the Finnish...