Sections SEARCH Skip to content Skip to site index Technology Subscribe Log In Log In Today’s Paper Technology | Who Owns Huawei? The Company Tried to Explain. It Got Complicated. Advertisement Supported by ByRaymond Zhong April 25, 2019 SHENZHEN, China — For one of the world’s largest technology companies, it should be a simple question: Who owns Huawei? As the Chinese smartphone and telecommunications equipment giant battles the United States government over whether it should be allowed to build the world’s mobile networks, the company has been going to great lengths to present itself as open, transparent and trustworthy. It has not always worked out. One reason is that certain simple questions about Huawei do not have simple answers. The chief secretary of Huawei’s board of directors, Jiang Xisheng, spoke for more than 90 minutes to a small group of reporters on Thursday. The … [Read more...] about Who Owns Huawei? The Company Tried to Explain. It Got Complicated.
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After years of being told that it was a national security threat by U.S. lawmakers worried that the communist Chinese government will force the company to gather intelligence for it, Huawei has had enough. Unverified talk that its products contain back doors ready to be a conduit for secret information sent to Beijing, and watching as U.S. officials try to get allies not to use its 5G networking equipment has Huawei executives ready to fight. Rotating Chairman Guo Ping told CNBC today that the country is dragging its name and reputation through the mud because the U.S. can't compete with the company.If Guo is trying to win over U.S. officials, he is going about it the wrong way. The executive said that the U.S. has a "loser's attitude," which to President Donald Trump will be like a red flag waved in front of a bull. Huawei has already ruffled some feathers in the administration by suing the U.S. over a law that bars the country's governmental agencies from using Huawei equipment. The … [Read more...] about U.S. can’t compete with Huawei says company executive
Huawei CFO Meng Wanzhou, daughter of the company's founder, was arrested last Saturday in Canada. The U.S. has requested that the 46-year old executive be extradited to the United States. Meng's arrest is reportedly related to a U.S. investigation into a plot to use the global banking system to bypass stateside sanctions against Iran, according to Reuters.Meng appeared in a Vancouver court on Friday for a bail hearing. While a judge has lifted a publication ban that prevented the media from reporting on the evidence presented in court, Canada's Justice Department has been secretive about all aspects of this case.China has been angry about the incident and has demanded Meng's release. A spokesman for China's Foreign ministry, Geng Shuang, says that neither the U.S. nor Canada has provided the country with evidence that the executive has committed a crime. While there is some fear that the arrest could hurt talks between the U.S. and China to end the current trade war between the two … [Read more...] about Arrested Huawei CFO makes appearance in Canadian court as U.S. seeks extradition
U.S. officials want Meng Wanzhou to face fraud charges for deceiving banks so Huawei could skirt Iran sanctions, prosecutors told a Vancouver court Friday. Until Meng’s bail hearing Friday, the reasons for her arrest were shrouded in mystery. A Canadian judge had thrown a gag order over the case, banning reporting on the details. That gag order was lifted Friday and prosecutors detailed the allegations against the Chinese executive.Meng, the chief financial officer of Chinese telecom giant Huawei, concealed the company’s ties to a company called SkyCom Tech that did business in Iran, Canadian prosecutors told Justice William Ehrcke. She allegedly falsely told banks that Huawei was a separate company from SkyCom Tech so that banks would approve transactions that violated sanctions against Iran. Far from being a separate company, SkyCom was just a front for Huawei to do business with Iran, prosecutors alleged at a bail hearing for the accused executive. … [Read more...] about Canadian Prosecutors Accuse Huawei CFO Meng of Fraud Aimed at Evading Iran Sanctions
caption The Huawei logo on display at the Las Vegas Convention Center in January 2018. source David Becker/Getty Image China is demanding the release of Huawei’s Chief Financial Officer, Meng Wanzhou, who was detained in Canada at the request of US authorities. China says that Meng had been arrested without explanation and that could be a “violation of her human rights.” But Canadian law dictates that people are told why they have been arrested or detained, and Canada says it cannot offer details publicly because of a publication ban requested by Meng herself. Canada has not publicly said why Meng has been arrested, but reports say that she was arrested on suspicion of violating the US’s trade sanctions on Iran The arrest comes amid a trade war between the US and China and has sent global stocks plunging. China demanded Canada release the Huawei executive arrested at the request of US authorities, saying she … [Read more...] about China demands Canada release Huawei’s CFO, saying the arrest could ‘violate human rights’