In a significant development that marks the impact of U.S. trade embargoes on embattled erstwhile Chinese telecommunications giant Huawei Technologies, the company reported its biggest ever drop in revenues during the first half of 2021. On Friday, Huawei reported revenues… Read More ›
5G equipment
Panasonic’s battery production is its biggest profit driver
On Tuesday, Panasonic Corp raised its full-year operating profit forecast by more than 50% on the back of heightened demand for its batteries from pandemic-driven purchases of home appliances, sales of 5G equipment and Tesla Inc cars. The strong performance… Read More ›
Huawei’s cheap 5G equipment come with massive security implications
Apart from the asymmetry between the access that Chinese firms enjoy in foreign markets and the access China provides foreign companies in its markets, the real threat to national security is that China’s 2017 cybersecurity law obliges and forces citizens… Read More ›