Regulators blocked a Huawei Technologies Co. lab from licensing telecommunications equipment in the United States.
Tags: Huawei
Huawei's $2,800 Trifold Phone Gains Popularity in China Even Among Apple Loyalists
Huawei’s new trifold phone is gaining interest from Apple fans in Beijing due to its innovative design, even though it is more expensive than the iPhone 16.
Huawei Prepares AI Chip to Rival Nvidia in China, Possibly Generating $2 Billion in Orders
Huawei is set to launch its Ascend 910C AI chip, designed to rival Nvidia’s restricted H100, with initial orders expected to top $2 billion.
Huawei Opens $1.4 Billion R&D Campus in Shanghai to Attract Foreign Talent
Huawei completes its $1.4 billion R&D center in Shanghai's Qingpu district to attract 30,000 foreign R&D talents and focus on semiconductor, wireless, and IoT technologies.
Biden Administration Revokes Some Licenses for Exporting Goods to China's Huawei in 2024: Report
The Biden administration canceled eight export licenses this year that had allowed several companies to send goods to the Chinese telecom giant Huawei.
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Counterpoint Research data shows Huawei's smartphone sales surged 69.7% in Q1, while Apple's iPhone sales fell 19.1%.
In Q1 2024, iPhone sales in China dropped significantly by 19.1%, contrasting with the modest 1.5% growth in the overall smartphone market, largely attributed to Huawei's 69.7% surge with its Mate 60 series.
Samsung has regained its position as the leading smartphone seller, overtaking Apple in the first quarter of 2024, amid a nearly 10% global decline in iPhone shipments and rising Chinese competition.
Huawei Technologies saw its profits surge by 9.6% in 2023, more than doubling its earnings, with its net profit reaching 87 billion yuan ($12 billion) due to strong sales and growth in cloud and digital sectors despite facing challenges from U.S. sanctions.
Many Chinese semiconductor companies associated with Huawei are reportedly being considered for blacklisting by the Biden administration.
Huawei also has similar agreements with Vivo, Xiaomi, and Oppo, allowing innovation and enabling the development of new products and services without the fear of patent infringement litigation.
Counterpoint Research data shows that iPhone sales in China fell sharply during the first half of 2024.
Huawei's new AI chipset timely coincided with China's export restrictions that limited Nvidia, among other limitations for their chipset productions.
Even if Huawei already has a foothold in Cuba, Google will still provide internet access and WiFi. This is according to the U.S. president during his historic visit to Cuba. Competition will drive faster and more reliable internet service to the island nation.
