Huawei

Net profit margin for the nine months was 8.0%, versus 8.7% over the same period a year earlier

Sweden is banning Chinese tech companies Huawei and ZTE from building new high-speed wireless networks after a top security official called China one of the country’s biggest threats.

China is readying to launch an anti-trust investigation into Google amid allegations the American search engine leverages its dominance on the Android mobile operating system to eliminate competition, according to a report published on Wednesday.

The U.S. last month further tightened restrictions to choke Huawei's access to commercially available chips

CANBERRA, Australia — Chinese telecom giant Huawei announced on Monday it is ending its oldest major sporting sponsorship deal in the world when it ends its contract with Australian rugby league team Canberra Raiders after nine years, blaming a “continued negative business environment.”

The Commerce Department is closing a loophole that puts U.S. technology at risk, Commerce Secretary Wilbur Ross said.

With U.S.-China relations at their worst in decades, Washington is pressing governments around the world to squeeze Huawei out, arguing it would hand over data to the Chinese government for spying. Huawei denies it spies for China.

Huawei sold more smartphones across the globe than Samsung or Apple for the first time ever in the second quarter of 2020, according to research firm Canalys.

The global licensing agreement grants Huawei back rights to some of the San Diego-based tech company’s patents.

Last week, the U.K., which left the EU earlier this year, ordered its wireless carriers to stop buying Huawei 5G equipment by the end of 2020 and to remove Huawei 5G equipment from its networks by the end of 2027.

He also said telecommunications companies around the world “should consider themselves on notice” that if they do business with Huawei, “they are doing business with human rights abusers.”

The U.K. will bar British telecom companies from purchasing new equipment from Huawei.

U.S. officials say Huawei is a security risk. The company denies that

The British government is expected to set a deadline of 2025 for removing equipment made by China's Huawei from the country's 5G telecoms networks, the Telegraph newspaper said on Friday.

The rule, which was prompted by a 2019 law, could have far-ranging implications for companies that sell goods and services to the U.S. government since they will now need to certify they do not use products from Dahua or Hikvision.

The FCC has blacklisted Chinese telecommunications giant Huawei.

Federal Communications Commission Chairman Ajit Pai told FOX Business Tuesday that Chinese communications firms Huawei and ZTE are national security threats.

The FCC on Tuesday officially designated Chinese telecom companies Huawei and ZTE as national security threats.

Washington led an international campaign to convince allies to exclude Huawei from 5G.

The United States alleges that the Chinese government could use Huawei's equipment for espionage, which Huawei denies