Displaying items by tag: Shenzhen

Despite the strictures on American companies doing business with Chinese telecommunications equipment vendor Huawei Technologies, Washington appears to have given the green light for the sale of semiconductors for Huawei's growing automotive technology business.

Chinese telecommunications equipment vendor Huawei Technologies has seen its revenue for the first quarter of 2021 fall by 16.5% year-on-year to 152.2 billion yuan (A$30.5 billion), which the company said was as per its forecast.

Chinese telecommunications equipment vendor Huawei technologies has again managed to record an annual profit despite the US sanctions it faces, with the company announcing a 64.6 billion yuan (A$12.98 billion) profit for 2020, an increase of 3.2% year-on-year. Revenue was 891.4 billion yuan, an increase of 3.8% on the previous year.

Chinese telecommunications equipment vendor Huawei Technologies will earn between US$1.2 billion (A$1.54 billion) and US$1.3 billion from licensing its 5G patent portfolio between 2019 and 2021, the company has announced.

European professional audio products vendor Thronmax has entered the Australian and New Zealand markets, claiming it can provide everything that is needed to start a career as a successful content creator.

Chinese smartphone vendor Huawei is trying to sell its P and Mate flagship smartphone divisions, a report claims, adding that this move, if carried through, would mean the company's exit from the premium smartphone business. The company has denied it has any such plan.

The Telecommunications Sector Security Reforms, put in place just after the Turnbull Government was toppled in 2018, have hit Huawei Australia hard, with the company losing 900 direct jobs, more than 1500 sub-contracting jobs and $100 million in R&D in Australia, the company claims in a submission to a parliamentary inquiry.

Chinese telecommunications equipment vendor Huawei Technologies has sold its budget smartphone business, Honor, to Shenzhen Zhixin New Information Technology for an unspecified sum.

Chinese telecommunications equipment vendor Huawei Technologies is likely to sell its budget smartphone unit, Honor, to a group which is led by Digital China and the Shenzhen Government, a report claims.

With the US administration changing next year, it is very likely that Google will be able to get a waiver on selling the proprietary version of its Android operating system to Chinese telecommunications vendor Huawei Technologies, something it has been unable to do ever since the Trump administration put in place sanctions on the Chinese firm.

Chinese telecommunications equipment vendor Huawei Technologies has seen revenue of 671.3 billion yuan (A$140.6 billion) in the first nine months of 2020, the company says, adding that this was an increase of 9.9% over the corresponding period in 2019.

Had Chinese telecommunications equipment vendor Huawei Technologies not been banned from tendering for Australia's 5G networks, there is no doubt that local operators — TPG, Vodafone and Optus — would have been among the most advanced 5G operators and competitors would be forced to keep up, the chief corporate affairs officer of the Chinese vendor's local operation claims.

Chinese telecommunications firm ZTE Corporation has released the first smartphone with an under-display camera, in this case the selfie camera. The ZTE Axon 20 5G went on pre-order in China on 1 September for 2198 yuan (A$438).

Chinese telecommunications equipment vendor Huawei Technologies will not attempt to bypass any of the latest American strictures put in place to prevent it from buying semiconductors from — or having them designed by — other firms, but instead will start making them on its own, a report claims.

Despite the US taking steps to try and curtail its business, Chinese telecommunications equipment vendor Huawei Technologies has overtaken South Korean conglomerate Samsung Electronics to become the world's biggest in smartphone shipments for the first time, in the second quarter of 2020.

Chinese smartphone maker OnePlus will launch its next model, the OnePlus Nord, on 21 July, the company has confirmed, after the news was leaked by Amazon's India outlet.

Chinese telecommunications equipment vendor Huawei Technologies has been given the green light to invest £1 billion (A$1.8 billion) in a research centre close to Cambridge in the UK that will focus on chip research and manufacturing.

ANALYSIS The first attempt by the US, a year ago, to cripple Chinese telecommunications equipment vendor Huawei Technologies and prevent it from manufacturing its products has been mostly a failure, with the only definitive outcome being the success in banning the company from using the proprietary version of Google's Android mobile operating system.

ANALYSIS In August 2018, Huawei was told that it was not going to be able to bid for something which could prove to be its biggest source of revenue in Australia: 5G contracts.

Huawei Australia has assured the Canberra Raiders that it will not be deterred from its sponsorship of the club, despite the continuing uncertainty caused by suspension of the 2020 National Rugby League season due to the coronavirus pandemic.