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The Latest News about Huawei

Trump’s Moves Against Huawei Will Cost Company Dearly, Founder Says

Huawei CEO Ren Zhengfei said Monday that President Donald Trump’s decision to target his company left the telecommunications giant reeling with few business options outside China. Trump’s ban against Huawei will cost the company $30 billion in revenue, according to Ren. His comments come are startling given past remarks from company executives who suggested Huawei was technologically self-sufficient and will ...

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REPORT: Trump Considered Slapping Economic Sanctions On Huawei Before Blocking Them Outright

President Donald Trump considered placing sanctions on Huawei before eventually deciding to blacklist the Chinese company, Bloomberg reported Tuesday, citing anonymous sources. Plans to target the Chinese telecommunications giant were being deliberated for months, the report noted.  Trump’s decision to severely restrict Huawei’s access to American big tech companies unfurled quickly after trade talks with Beijing broke down, triggering a ...

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Report: Google Distances Itself From Huawei After Trump Blacklists Foreign Tech

Google suspends some business with Huawei after President Donald Trump placed restrictions on technologies from foreign adversaries, Reuters reported Sunday, citing an anonymous source familiar with the matter. Huawei, a Chinese telecommunications company that the United States believes is engaged in foreign espionage, will lose access to updates to the Android operating system, as well as the next version of ...

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Trump Signs Order Protecting U.S. Communications and Technology from Foreign Exploitation

Donald Trump signs tax reform into law 12-22-17

President Donald Trump signed an executive order preventing the importation of foreign technologies and use of foreign technology services that present a risk to the United States or her people. “Today, President Donald J. Trump signed an Executive Order entitled ‘Securing the Information and Communications Technology and Services Supply Chain‘ as part of his commitment to protecting the information and ...

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US Warns Germany To Steer Clear Of Huawei Or Pay A Stiff Price

The Trump administration warned the German government that the U.S. may not share intelligence with Germany if the country continues using Chinese telecommunication giant Huawei to build up its fifth generation cellular networks, The Wall Street Journal reported Monday. Allowing the participation of Huawei in Germany’s 5G project would mean the U.S. won’t be able to maintain the same level ...

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Huawei and U.S. Affiliate Indicted for Theft of Trade Secrets, Wire Fraud, Obstruction Of Justice | OPA

A 10-count indictment unsealed today in the Western District of Washington State charges Huawei Device Co., Ltd. and Huawei Device Co. USA with theft of trade secrets conspiracy, attempted theft of trade secrets, seven counts of wire fraud, and one count of obstruction of justice.  The indictment, returned by a grand jury on January 16, details Huawei’s efforts to steal ...

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Trump’s DOJ Charges Huawei With Fraud Amid Heightened Tensions With US

The Department of Justice charged Chinese telecommunications giant Huawei Monday on several counts of fraud as U.S. President Donald Trump applies more pressure on China’s beleaguered economy. A 13-count indictment against Huawei and its chief financial officer, Meng Wanzhou, accuses Huawei of bank fraud, wire fraud, and violating U.S. sanctions on Iran. Huawei is also charged with conspiring to obstruct ...

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Billionaire George Soros Slams China; Criticizes Trump On Huawei, ZTE

President Donald Trump has found a new, unlikely, ally in his battle against China: billionaire George Soros, a liberal financier who conservatives often criticize as antagonistic to traditional values. Soros offered a lengthy and robust criticism of the communist country during a private dinner Thursday at the World Economic Forum in Davos, Switzerland. The notoriously anti-Trump philanthropist even took the ...

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Canada Arrests Huawei’s CFO over Suspicion of Fraud

Huawei, the Chinese tech titan, has been under the suspicion of fraud for years, but apart from a few gossips, it seemed the company wasn’t very affected by all these rumors. In fact, it managed to grow significantly despite them, becoming the world’s second-largest smartphone supplier. Cut to December 1st, 2018, when the CFO of Huawei, Meng Wanzhou, was arrested ...

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US Nemesis Huawei Faces Scrutiny After Poland Charges One Of Its Execs With Espionage

Polish authorities arrested and charged a Huawei executive and former Polish government official with espionage, The Wall Street Journal reported Friday. The arrest deals a brutal blow to the Chinese company. News of the arrest comes amid speculation that Beijing is using Huawei to spy on U.S. companies as they build out the world’s next generation of mobile-telecom networks. The ...

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China Furious After US Asks Canada To Arrest Chinese Telecom Exec

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The Chinese Embassy in Canada released a furious statement Thursday after Canada arrested a Chinese tech giant executive at the behest of a U.S. extradition request. The U.S. submitted an extradition request for chief financial officer Meng Wanzhou of the Chinese telecom giant Huawei after the company was deemed a national security threat. Meng was in Canada at the time and ...

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