In a statement He Xiaopeng, the CEO of Chinese electric-car maker Xpeng said, automakers in China may have to suspend production in May if suppliers from Shanghai and surrounding areas do not resume work. China’s zero tolerance policy towards COVID-19 have… Read More ›
According to an official from the Biden Administration, the United States intends to move forward with the sale of 50 F-35 stealth fighter jets to the United Arab Emirates after Washington gets a clear understanding of “Emirati obligations”. “We continue… Read More ›
Even as the United Arab Emirates is set to purchase US F-35 fighter jets, Russia is showing off the prototype of its latest fifth-generation fighter plane at the Dubai Airshow. Unveiled in July, the showcasing of the Sukhoi Su-75 Checkmate… Read More ›
In a significant development, Huawei’s Chief Financial Officer Meng Wanzhou arrived back in China after fighting U.S. extradition for around three years, in yet another sign of weakening global clout of the United States. The move also reflects a change… Read More ›
In a statement U.S. Commerce Secretary Gina Raimondo said, if necessary the Biden Administration will take further action against China’s Huawei. Washington continues to see the Chinese tech company as a national security threat on a variety of grounds and… Read More ›
In a significant development, the U.S. Federal Communications Commission (FCC) unanimously voted to finalize a $1.9 billion program to reimburse mostly rural U.S. carriers by replacing Huawei’s and ZTE Corp’s equipment as they are seen as posing national security threats…. Read More ›
In a statement, Australia’s Foreign Minister Marise Payne said, with Canberra dragging Beijing to the World Trade Organisation over the latter imposing anti-dumping duties on wine exports, bilateral negotiations is expected to commence. Last week, the Australian government filed a… Read More ›
Apple Inc has cornered nearly a quarter of the global smartphone market during the fourth quarter and has emerged as the world’s biggest smartphone seller; shipments of Huawei’s phones have plunged after they were hit by U.S. sanctions. According to… Read More ›
On Wednesday, in a statement Ericsson reported that its core quarterly earnings have lifted thanks to higher margins across its businesses. It said it is “more confident” in meeting its 2020 revenue targets. It third-quarter adjusted operating earnings rose to… Read More ›
In a statement embattled Chinese telecom network maker Huawei Technologies Co Ltd said, it will be cutting more staff from its Australian operations midst strained relations between Canberra and Beijing. Huawei will also trim its investments in the country. In… Read More ›
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