Asia UnhedgedReal-time intel on what moves markets Many of the sons and daughters he has fathered with three wives carry their mothers' family names By Asia Times staff December 6, 2018 7:02 PM (UTC+8) Share Tweet Linkedin Print Email Share 0 Comment 0 The arrest of Huawei’s chief financial officer Meng Wanzhou, aka Sabrina Meng, in the Canadian city of Vancouver last weekend has sent shockwaves across China and the US. Meng, the eldest daughter of Huawei founder Ren Zhengfei, was reportedly on a stopover in the city on December 1 when she was nabbed by local police at the request of a US court over Huawei’s alleged violation of the US embargo against Iran. She now faces extradition from Canada to the United States. Other than the repercussions on the fragile Beijing-Washington ceasefire on trade, observers are curious about the low-profile Meng and her relationship with her father, who steered the phenomenal rise of Huawei into a global … [Read more...] about Arrest puts scions of Huawei’s Ren Zhengfei in spotlight
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Growth hopes, spying risks mix for Huawei in SE Asia
When Australia banned China’s Huawei from supplying equipment to its planned 5G mobile network for reasons of national security, it resurrected stubborn questions about whether Chinese tech firms can be trusted as neutral operators. Huawei, China’s and the world’s largest telecoms equipment manufacturer, has also faced difficulties this year in the United States, where there are similar concerns about how close the private-owned company is to China’s communist rulers. The dailyReport Must-reads from across Asia - directly to your inbox But while some Western nations are increasingly concerned about China’s technological reach and intent, neighboring Southeast Asian countries are less alarmed, as they reach to China to help build 5G networks they lack the know-how to do independently. But technology analysts warn that could come at a cost to cybersecurity and as a result national sovereignty. Tim Wellsmore, director of threat intelligence for the … [Read more...] about Growth hopes, spying risks mix for Huawei in SE Asia
China touts 5G network speed of 20G per second
Asia UnhedgedReal-time intel on what moves markets Beijing aims to have a pre-commercial 5G network and products ready by mid-2018 By Asia Times staff May 25, 2018 7:25 PM (UTC+8) Share Tweet Linkedin Print Email Share 0 Comment 0 China says the average transmission speed of its 5th-Generation Wireless Systems already doing pilot runs can fetch 10 gigabits per second, almost 100 times faster than the speed of the current 4G network, with the maximum speed capable of being “turbocharged to 20 Gbps.” So it merely takes the blink of an eye to download a HD movie, according to Xinhua. In addition to its high speed, 5G internet also boosts high throughput, low latency, high mobility and high connection density as the backbone infrastructure for a host of cutting-edge applications such as automated driving, smart homes and the Internet of Things. The 5G network can allow up to one … [Read more...] about China touts 5G network speed of 20G per second
China quietly pulled a propaganda film celebrating its tech giants days after the US sanctioned one of them — and it could be troubling news for Huawei
source Wang HE/Getty Images The US Department of Justice is reportedly investigating the tech company Huawei on accusations of breaching sanctions on Iran. The investigation, which sources say has been running since 2016, could anger China. Last week the US slapped restrictions on another Chinese smartphone maker, ZTE, for numerous infractions including breaching Iran sanctions. But China appears to be just as angry at ZTE as it is at the US, slamming the company in reports and even pulling a much-lauded documentary celebrating the company’s innovations. The US Department of Justice is reportedly investigating Huawei Technologies, a move that could jeopardize the company’s reputation in China. Since 2016 the Department of Justice has been looking into whether the smartphone supplier breached sanctions by shipping US products to Iran, according to two sources who spoke … [Read more...] about China quietly pulled a propaganda film celebrating its tech giants days after the US sanctioned one of them — and it could be troubling news for Huawei
Huawei’s HQ will stay in Shenzhen, says Ren
China DigestEconomics and Policy from China's Newspapers R&D investment will continue to focus on applied research of artificial intelligence, aiming for breakthroughs in this area By Asia Times staff April 6, 2018 6:58 AM (UTC+8) Share Tweet Linkedin Print Email Share 0 Comment 0 Ren Zhengfei, founder and president of Huawei, acted quickly to quash rumors that the company will move its headquarters, insisting it will always be based in Shenzhen, The Paper reported. Ren also said that the company will not take the path of diversified development to enter the so-called new economy. Instead, they will simplify their business portfolio, recognizing the need to invest more in science research. Though sales revenue may continue to decrease as a result of this simplification, society will eventually benefit from it, Ren added. Huawei’s R&D investment, which accounts for about 15% of its sales revenue, will continue to focus on the basic and applied research of … [Read more...] about Huawei’s HQ will stay in Shenzhen, says Ren