Huawei defies U.S. ban with strong growth in smartphone sales

Business / Corporate Oct 17, 2019

Huawei defies U.S. ban with strong growth in smartphone sales

Huawei Technologies Co.'s revenue jumped 24 percent in 2019's first nine months, defying the sanctions of U.S. President Donald Trump's administration to sustain growth in its pivotal smartphone business. China's largest technology company reported revenue of 610.8 billion yuan ($86.1 billion) in the January to ...

China's Huawei claims it faces 1 million cyberattacks per day

Business / Tech Oct 12, 2019

China's Huawei claims it faces 1 million cyberattacks per day

Huawei Technologies Co., China's tech giant that is a leader in next-generation 5G mobile communications networks, is experiencing around 1 million cyberattacks a day from both inside and outside the country, a company executive said. The cyberattacks are apparently aimed at stealing state-of-the-art 5G technology ...

Business Oct 4, 2019

U.S. slaps China with additional duties on $4.4 billion in cabinets

The U.S. trade conflict with China may not have spared the kitchen sink, or even kitchen cabinets, as Washington on Thursday announced another round of steep tariffs. About $4.4 billion of wooden cabinets and vanities imported from China will face additional duties because they are ...