For years, American executives and politicians expressed their fears of China quietly. They feared angering its leaders and losing access to its market. Donald Trump has no such qualms. Encouraged by his hawkish advisers, he has decided to confront China aggressively on issues from trade to spying. Huawei, the world’s largest maker of telecommunications equipment and an emblem of China’s emergence as an economic superpower, is just the latest victim of an escalating conflict between the US and its increasingly potent and strident challenger. Huawei founder Ren Zhengfei has compared his firm of 180,000 employees, 1,400 of them in the UK, to “a small sesame seed, stuck in the middle of conflict between two great powers”. This week, the sesame seed was squeezed further as Washington decided Huawei will need US government approval to buy American-made components and software for its devices. The Trump administration suspects the company is an arm of the Chinese … [Read more...] about Huawei ban: Where will the Trump vs China crisis lead to next?
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Trump administration sanctions against Huawei have begun to bite, with stock prices slumping for U.S. companies that supply the Chinese tech powerhouse with computer chips. Huawei faces decimated smartphone sales with the anticipated loss of Google's popular software and services. The U.S. move escalates trade-war tensions with Beijing, but also risks making China more self-sufficient over time. Shares of U.S. tech companies slid on Monday as investors fretted the move against Huawei could crimp sales for companies, especially chipmakers, with revenue heavily tied to China.Here's a look at what's behind the dispute and what it means. Entity listLast week, the U.S. Commerce Department placed Huawei its so-called Entity List , effectively barring U.S. firms from selling it technology without government approval.Google said it would continue to support existing Huawei smartphones but future devices will not have its flagship apps and services, including maps, Gmail and search. Only basic … [Read more...] about Huawei ban could hurt chipmakers, raising fears of tech layoffs
To see a graphic about Huawei’s revenue across the world, view this article in your browser. Donald Trump's plan to isolate Huawei on the world stage is going down like a lead balloon.Story Continued Below While a series of measures announced this week aimed to ramp up pressure on U.S. allies to shun the Chinese telecom giant, none of them are so far rushing to follow Washington's lead. Instead, two of the U.S.'s staunchest allies — Paris and London — made it clear that they would make up their own minds about how to deal with Huawei, and that their decision might not resemble Washington's. In Paris, French President Emmanuel Macron pushed back on the idea that France should blacklist the Chinese firm, telling the VivaTech industry conference: “Our perspective is not to block Huawei or any company." Taking on the role of a spokesman for Europe, Macron added: "France and Europe are pragmatic and realistic" and would seek to balance "access to good technology and … [Read more...] about Trump’s Huawei ban spooks allies, industry
This article may contain personal views and opinion from the author. Huawei — a name that you probably haven’t heard much about if you live in the States, or at least not before the past few months. But its a phone brand that has been well-known around the world for a while now. Huawei is a China-based telecommunications company (one of the oldest and biggest in the country), which has been in the smartphone industry for a while. Recently, however, it has made it big, with its name flashing in the mainstream often. It has landed in Europe with high success and, at one point, it was this close to selling its phones on American soil, but the US government pressured carriers and retailers to cut their ties with Huawei. And so they did.And Apple and Samsung breathed a sigh of reliefOK, OK, that was a bit dramatic. Huawei’s phones may not be instant game-enders, but they definitely have the right things going for them. We’ve called the Mate … [Read more...] about If the US lifts the Huawei ban, Samsung and Apple have something to be worried about
Australia's Foreign Minister Marise Payne has stressed that the federal government's ban on 5G technology from Chinese telecommunications giant Huawei is not about that company specifically, but about protecting Australia's national interests. "We have taken the strongest advice from intelligence agencies in this country, the strongest technical advice as to the best way to protect Australia's national interests in the establishment of a 5G network here," Payne said during a panel discussion at the Lowy Institute in Sydney on Monday. "As a member of the National Security Committee, that's the advice upon which I rely. We took a long time to consider the implications and to come to that decision, and we have where appropriate and possible been prepared to share that information in appropriate circumstances -- not publicly, in intelligence terms," she said. "So we are resolved on the position that Australia has taken. Other countries will make their own decisions ... the one … [Read more...] about Australia’s Huawei ban a ‘resolved’ question: Payne