HUAWEI SALES UP, BUT GROWTH SLOWS UNDER VIRUS, US PRESSURE
Techlife News|Techlife News #470
Chinese tech giant Huawei, one of the biggest makers of smartphones and switching equipment, said its revenue rose 9.9% in the first nine months of this year, but growth decelerated in the face of U.S. sanctions and the coronavirus pandemic.
Huawei Technologies Ltd. gave no sales figure for the most recent quarter ending in September, but growth for the first three quarters was down from the 13.1% reported for the first half of the year.

Huawei is struggling with U.S. sanctions that cut off access to most American components in a feud with Beijing over technology and security. The White House says Huawei is a threat and might facilitate Chinese spying, which the company denies.

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM TECHLIFE NEWSView All

AIRBUS-BOEING DEAL EASES US EU TENSIONS BUT CONFLICTS REMAIN

The deal the United States and the European Union reached this week to end their long-running rift over subsidies to Boeing and Airbus will suspend billions in punitive tariffs. It will ease trans-Atlantic tensions. And it will let the two sides focus on a common economic threat: China.

5 mins read
Techlife News
Techlife News #503

AMAZON ALLOTS $300 MILLION FOR HOUSING NEAR MASS TRANSIT

Amazon is providing $300 million in low-interest loans to support housing located near mass transit in the Washington, D.C., area and the Seattle and Nashville, Tennessee, regions.

1 min read
Techlife News
Techlife News #503

CAN YOU MIX AND MATCH COVID-19 VACCINES?

Can you mix and match two-dose COVID-19 vaccines?

1 min read
Techlife News
Techlife News #503

INTERNET OUTAGES BRIEFLY DISRUPT ACCESS TO WEBSITES, APPS

A wave of brief internet outages hit the websites and apps of dozens of financial institutions, airlines and other companies across the globe Thursday and Friday.

2 mins read
Techlife News
Techlife News #503

CASSILL TO BE PAID IN CRYPTOCURRENCY IN DEAL WITH VOYAGER

Landon Cassill will be the first NASCAR driver paid entirely in cryptocurrency in a sponsorship deal with Voyager that begins at Nashville Superspeedway this weekend.

2 mins read
Techlife News
Techlife News #503

THE SIGNIFICANCE OF CHINA'S NEW SPACE STATION

Adding a crew to China’s new orbiting space station is another major advance for the burgeoning space power.

3 mins read
Techlife News
Techlife News #503

HONG KONG WATCHING CHINESE NUCLEAR PLANT AFTER LEAK REPORTED

China’s government said Tuesday no abnormal radiation was detected outside a nuclear power plant near Hong Kong following a news report of a leak, while Hong Kong’s leader said her administration was closely watching the facility.

4 mins read
Techlife News
Techlife News #503

SELF-DRIVING CAR PIONEER WAYMO GETS $2.5B TO FUEL AMBITIONS

Waymo, the self-driving car pioneer spun off from Google, isn’t allowing a recent wave of executive departures to detour its plans to expand its robotic taxi service.

1 min read
Techlife News
Techlife News #503

LOUISIANA CREATES RULES FOR SELF-DRIVING DELIVERY DEVICES

Louisiana has created a framework for self-driving delivery robots to drop off packages on the state’s streets, under a bill backed by lawmakers and Gov. John Bel Edwards.

1 min read
Techlife News
Techlife News #503

‘A Summer Of Freedom': Vaccine Gives New Meaning To July 4th

President Joe Biden wants to imbue Independence Day with new meaning this year by encouraging nationwide celebrations to mark the country’s effective return to normalcy after 16 months of coronavirus pandemic disruption and more than 600,000 lives lost.

5 mins read
Techlife News
Techlife News #503
RELATED STORIES

CHINA CUTS TAXES TO SPUR SEMICONDUCTOR DEVELOPMENT

China announced tax breaks this week to spur growth of its semiconductor industry following U.S. sanctions that alarmed the ruling Communist Party by cutting offaccess to American processor chips for tech giant Huawei and some other companies.

1 min read
AppleMagazine
AppleMagazine #492

HUAWEI UNVEILS FLAGSHIP FOLDABLE SMARTPHONE

Struggling under U.S. sanctions, Huawei unveiled a folding smartphone with an 8-inch (20-centimeter) -widescreen Monday to show off its tech prowess but said it will be sold only in China.

2 mins read
AppleMagazine
AppleMagazine #487

A Silicon Curtain Descends

Trump escalated America’s war against Huawei and China. Biden should beware burgeoning technonationalism.

10+ mins read
Reason magazine
February 2021

An Epic Phone-a-Thon

India’s smartphone shoppers will be spoiled for choice this festive season

4 mins read
Bloomberg Businessweek
November 09, 2020

CHINA LAUNCHES INITIATIVE FOR GLOBAL DATA SECURITY ISSUES

China has launched an initiative to address global data security issues, a countermove to the U.S. “clean network” program that is aimed at discouraging other countries from using Chinese technology.

2 mins read
AppleMagazine
AppleMagazine #463

HUAWEI: SMARTPHONE CHIPS RUNNING OUT UNDER US SANCTIONS

Chinese tech giant Huawei is running out of processor chips to make smartphones due to U.S. sanctions and will be forced to stop production of its own most advanced chips, a company executive says, in a sign of growing damage to Huawei’s business from American pressure.

3 mins read
AppleMagazine
AppleMagazine #459

The Nortel Job

Did China steal Canada’s edge in 5G?

10+ mins read
Bloomberg Businessweek
July 06 - 13, 2020

US ADDS NEW SANCTION ON CHINESE TECH GIANT HUAWEI

The U.S. government has imposed new restrictions on Chinese tech giant Huawei’s ability to use American technology, stepping up a conflict with Beijing over industry development and security.

3 mins read
AppleMagazine
May 22, 2020

Rural America's Huawei Problem

Trump’s crackdown on the Chinese telecom supplier hurts small phone carriers most

4 mins read
Bloomberg Businessweek
April 27, 2020

A Very Private Risk With Huawei

Is the popularity of the Chinese company’s gear in private 5G networks a security threat?

4 mins read
Bloomberg Businessweek
April 20, 2020