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United Kingdom

Sijia Jiang

Huawei says U.S. curbs to cut smartphone unit's revenue by over $10 billion

23 Aug 2019

HONG KONG/SHANGHAI Chinese technology giant Huawei said on Friday the impact of U.S. trade restrictions on its business will be less than what it initially feared, though the curbs could push its smartphone unit's revenue lower by about $10 billion this year. | Video

China telcos weigh sharing 5G network to cut costs, potentially hurting Huawei

22 Aug 2019

HONG KONG China Telecom said on Thursday it is ready to build a 5G mobile network with its rivals in order to reduce costs, a proposal that is likely to cut multi-billion dollar equipment orders for vendors such as Huawei Technologies.

China telcos weigh sharing 5G network to cut costs, potentially hurting Huawei

22 Aug 2019

HONG KONG, Aug 22 China Telecom said on Thursday it is ready to build a 5G mobile network with its rivals in order to reduce costs, a proposal that is likely to cut multi-billion dollar equipment orders for vendors such as Huawei.

Huawei founder details 'battle mode' reform plan to beat U.S. crisis

20 Aug 2019

HONG KONG China's Huawei will spend more on production equipment this year to ensure supply continuity, cut redundant roles and demote inefficient managers as its grapples with a "live-or-die moment" in the wake of U.S. export curbs, founder Ren Zhengfei said.

Lenovo warns of price hikes to absorb U.S. tariffs, shares slide

15 Aug 2019

China's Lenovo Group, the world's largest PC maker, warned it will have to raise product prices if U.S. tariffs increase, sending its shares tumbling 6.5% to two-month lows.

China's Tencent cautious after surge in quarterly profit

14 Aug 2019

HONG KONG China's Tencent Holdings , the world's largest gaming company by revenue, warned on Wednesday of a difficult economic environment even as it reported a better-than-expected 35% jump in quarterly profit.

Huawei unveils Harmony operating system, won't ditch Android for smartphones

09 Aug 2019

DONGGUAN, China/HONG KONG Huawei Technologies [HWT.UL] unveiled on Friday its proprietary operating system for smartphones and other devices, as U.S. trade restrictions imposed in May threaten to cut the Chinese firm's access to U.S. technologies such as Android. | Video

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