Huawei US

China's telecommunications giant will account for 14 per cent of the market this year and then drop to less than a third of that, TrendForce researchers said Tuesday

Huawei will no longer hold any shares in Honor after the transaction

Documents obtained by Reuters show how the Chinese tech titan effectively controlled Skycom

Huawei is progressively eliminating Google software from its phones after having shipped its first Google-free model last year, but it has not given a date when it expects to complete the switch

The indictment was announced by prosecutors in Brooklyn who had previously accused the company of bank fraud

The current threshold permitting sales effectively kicks in when 75% of the work occurs overseas. The administration is debating raising this to 90%

A bright spot was its smartphone business, posting "robust growth" with 240 million units shipped in 2019.

Huawei came under a cloud after allegations that the firm's electronic and telecom devices helped China spy on US corporations and agencies

Huawei's chief legal officer Song Liuping told reporters that FCC chairman Ajit Pai is targeting Huawei because it "is a Chinese company, that's his only excuse

Huawei is scrambling to preserve its business following U.S. controls imposed in May on sales of American components and technology to the company, which Washington says is a security risk

Huawei's 180,000-member workforce also will receive an extra month's salary

The firm has emerged as a key protagonist in the wider US-China trade war that has seen tit-for-tat tariffs imposed on hundreds of billions of dollars worth of goods

In May, Huawei, the world's largest telecoms equipment provider, was placed on a US blacklist over national security concerns, banning it from buying American-made parts without a special license

WASHINGTON (Reuters) - A U.S. House panel unveiled bipartisan legislation this week that would authorize $1 billion for small and rural wireless providers to replace network equipment from companies including Huawei Technologies Co Ltd and ZTE Corp <000063.SZ> that lawmakers say pose a national security risk.

Huawei Technologies Ltd. is the No. 2 global smartphone brand and the biggest maker of network gear for phone companies

The remarks come in the backdrop of US' concerns over deployment of Huawei telecom gear in new and upcoming networks

US has threatened a ban on the company's equipment alleging security concerns

Trump administration is also asking others to not give access to Huawei inside their countries

"We can do business for non-security things with Huawei because that's -- we'll do that. But anything having to do with the national security, we're not dealing with Huawei," Trump said

The layoffs will come at the Chinese company's US-based research and development arm, Futurewei Technologies, which is incorporated in Texas