Search Results for: Huawei
Huawei CFO seeks bail on health concerns; Canada wants her in jail
December 10th, 2018
The CFO of China’s Huawei Technologies Co Ltd argued that she should be released on bail while awaiting an extradition hearing, citing her longstanding ties to Canada, properties she owns in Vancouver and fears for her health while incarcerated, ...
Huawei global chief financial officer arrested in Canada
December 6th, 2018
Canada has arrested Huawei’s global chief financial officer in Vancouver, where she is facing extradition to the United States, Canada’s Department of Justice said Wednesday. The arrest is related to violations of U.S. sanctions, a person familiar with the ...
Smartphone rankings shaken up once again as Huawei surpasses Apple
August 1st, 2018
According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, smartphone vendors shipped a total of 342.0 million units during the second quarter of 2018 (2Q18), resulting in a 1.8% decline when compared to ...
China court orders Samsung to pay $11.6 million to Huawei over patent case: local media
April 6th, 2017
A Chinese court has ordered Samsung Electronics‘s mainland subsidiaries to pay 80 million yuan ($11.60 million) to Huawei Technologies for patent infringement, the China firm’s first victory against Samsung on its legal challenges over intellectual property. Three units ...
Huawei establishes an open platform ecosystem for finance industry with eleven world’s leading banking IT solution providers
July 27th, 2015
Huawei recently announced that it will partner with eleven of the world’s leading banking IT solution providers to establish an open platform ecosystem for the finance industry at Huawei’s Global Financial Services Industry (FSI) Summit 2015 in Beijing, China. ...
China’s Huawei reports 19% jump in sales
July 21st, 2014
Chinese telecom equipment maker Huawei has reported a 19% jump in sales to 135.8bn yuan ($21.9bn; £12.8bn) for the first six months of the year. It said it expects to make an operating profit margin of 18.3% for the ...
The dollar rose on Friday; Riskier currencies lost out
March 12th, 2021
The dollar rose on Friday, recovering its losses from the day before, as a spike in Treasury yields early in the European session triggered a risk-off move in global currency markets, with riskier currencies taking a hit. Market participants ...
UPDATE: European stocks flat as investors take profits into holidays
December 23rd, 2019
European stocks were mixed on Monday as investors sought to take profits into the holiday season following a sustained rally earlier in the month. The pan-European Stoxx 600 hovered around the flatline by mid-afternoon, with autos falling 0.9% and ...
China or US?
September 9th, 2019
China has made some silly errors in its conflict with the US, reflecting the arrogance that often afflicts every state actor. But the appearance that China is being backed into a corner over Huawei, trade tariffs and Hong ...
The financial war escalates
July 3rd, 2019
Behind the scenes, the financial war between America and China is escalating dangerously into a war to secure global financial resources. At a time of growing liquidation of dollar assets by foreigners, the US Treasury’s internal analysis will highlight ...
