Latest Huawei Technologies Co Ltd News

Companies welcome US-China trade truce, warn disputes remain

Oct. 12, 2019 3:22 AM EDT

BEIJING (AP) — Companies have welcomed a U.S.-Chinese trade truce as a possible step toward breaking a deadlock in a 15-month-old tariff war, while economists caution there was little progress toward settling core disputes including technology that threaten global growth. President Donald Trump said...

US-China issues of dispute remain vast despite trade truce

Oct. 11, 2019 8:27 PM EDT

WASHINGTON (AP) — The Trump administration and China declared a temporary truce Friday in their 15-month trade war. Yet the grievances that led them to impose tariffs on hundreds of billions of dollars of each other's goods remain largely unresolved. The administration agreed to suspend a tariff hike on...

Conservative says Trudeau not doing enough in China dispute

Oct. 10, 2019 10:02 PM EDT

TORONTO (AP) — The leader of Canada's Conservative party accused Prime Minister Justin Trudeau on Thursday of being idle in the government's dispute with China. Speaking at the final campaign debate before Oct. 21 parliamentary elections, Conservative leader Andrew Scheer said Trudeau hasn't done enough....

Apple has a lot to lose if it crosses China's party bosses

Oct. 10, 2019 4:53 PM EDT

HONG KONG (AP) — Under pressure from China, Apple has removed a smartphone app that enabled Hong Kong protesters to track police. It has cut off access in mainland China to a news app that extensively covered the anti-government demonstrations. And it has made it harder to find an emoji representing the...

Survey: China's rich got richer in 2019 despite tariff war

Oct. 10, 2019 5:14 AM EDT

BEIJING (AP) — China's richest businesspeople got richer in 2019 despite a tariff war with Washington and an economic slowdown, a survey showed Thursday. The average net worth of China's richest 1,800 people rose 10% over 2018 to $1.4 billion, according to the Hurun Report, which tracks the country's...

Report: US plans to allow some technology sales to Huawei

Oct. 10, 2019 12:20 AM EDT

NEW YORK (AP) — The Trump administration plans to issue licenses to U.S. companies to supply "nonsensitive goods" to Chinese tech giant Huawei, The New York Times reported, in a move that might help to cool tensions ahead of trade talks. President Donald Trump gave approval last week to begin issuing...

EU warns hostile countries are 5G risk, avoids naming names

Oct. 9, 2019 11:00 AM EDT

LONDON (AP) — The European Union warned Wednesday that next-generation telecommunication networks face a range of cyber threats, including from hostile countries. While steering clear of singling out Chinese tech company Huawei, an EU security risk assessment identified "states or state-backed actors" as...

Tough times for chipmakers as Samsung warns of profit drop

Oct. 8, 2019 5:33 PM EDT

SEOUL, South Korea (AP) — Samsung provided the latest sign of the tough times afflicting computer chipmakers as it braced investors for a sharp drop in profit. The sobering forecast Tuesday wasn't entirely unexpected, given an industrywide glut that has forced chipmakers to slash prices to clear out...

US seeks to blacklist Chinese artificial intelligence firms

Oct. 8, 2019 7:13 AM EDT

The United States is blacklisting a group of Chinese tech companies that develop facial recognition and other artificial intelligence technology that the U.S. says is being used to repress China's Muslim minority groups. A move Monday by the U.S. Commerce Department puts the companies on a so-called Entity List...

China criticizes US tech curbs but trade talks going ahead

Oct. 8, 2019 7:00 AM EDT

BEIJING (AP) — China demanded Washington lift newly imposed sanctions on Chinese tech companies but said Tuesday envoys will go ahead with a U.S. trip for trade talks despite the latest spike in tensions. The foreign ministry criticized the curbs on sales of U.S. technology to the Chinese companies as...