The very public ongoing saga involving the controversial arrest of Huawei CFO, Meng Wanzhou, has taken a fresh twist following reports that she is believed to have much closer ties to the two Iranian companies at the centre of the investigation being conducted by the US Department of Justice.
SoftBank is scaling back plans for fresh investment in shared-office provider WeWork, slashing a multi-billion-dollar injection in the loss-making company. The Japanese tech giant is in negotiations to put just $2 billion into the US firm.
Chinese telecommunication vendor Huawei has unveiled the industry's first data center switch built for the Artificial Intelligence (AI) era, which has been named as the ‘CloudEngine 16800’, at its network product launch event for Spring 2019 themed "A CloudEngine Built for the AI Era".
Chinese telecommunication vendors ZTE and Huawei have both endured a difficult number of years in the US marketplace – and their issues have multiplied during the Trump administration.
Indian operator Reliance Communications has made a partial payment of $18.6m to Ericsson in an effort to defuse their ongoing dispute after the Swedish vendor had called for the imprisonment of its chairman Anil Ambani after the company’s failure to pay the entirety of the services charges owed.
Huawei is cooperating with the Japanese government and bolstering purchases of parts in Japan to ease concerns that its products could be used in espionage or cyber-attacks by Beijing.
South Korean smartphone behemoth Samsung is projecting a sharp decrease in operating profit for Q4 2018, following a significant decline in smartphones sales in China.
It has been revealed that 13 Canadians have been detained in China following the controversial arrest of Huawei CFO Meng Wanzhou on December 1st in Vancouver. Diplomatic relations between Canada and China have continued to deteriorate in the lapsed period following the very-public arrest and attempted extradition to the United States of the Huawei executive who stands accused of fraud.
Embattled Chinese telecommunication vendors Huawei and ZTE have received a welcome reprieve following the news that two Spanish operators are planning on using them for forthcoming 5G pilots.
Swedish telecommunications giant Ericsson has called for the detainment of Anil Ambani, the chairman of Indian operator Reliance Communications (RCom) for its failure to pay the vendor a settlement fee of INR5.5bn ($78.5m) of unpaid service charges.
