HONG KONG: Asian markets mostly fell on Tuesday (Jan 29) as the charging of Chinese giant Huawei in the US cast a shadow over upcoming trade talks, while investors were also tracking a Wall Street sell-off fuelled by concerns over corporate profits.A busy week across the globe got off to a nervous start Monday after industrial giant Caterpillar and chip company Nvidia projected worse-than-expected results for 2019, citing ongoing weakness in China.The announcements from two of Wall Street's big-hitters follow similar warnings from Apple and Samsung and sent shudders through trading floors."Caterpillar and Nvidia are not the first companies to blame China for their afflictions, but both companies are seen as industry bellwethers and their disappointing results provide further evidence that this time China's slowdown is for real," said Rodrigo Catril, senior markets strategist at Australia National Bank.The warnings come as Beijing struggles to kickstart the world's number two … [Read more...] about Asian markets sink with Wall St as Huawei hangs over trade talks
Huawei p8 quick charge
By Dan Strumpf WSJ Sat., Jan. 12, 2019 HONG KONG—Huawei Technologies Co. fired a sales director who was arrested in Poland on espionage charges, saying he brought the Chinese telecom company “into disrepute.” Polish authorities said Friday they had arrested Wang Weijing, known locally as Stanislaw Wang, on charges of conducting espionage on behalf of China. Huawei on Saturday said Mr. Wang’s employment had been terminated and his alleged actions “have no relation to the company.” Huawei also said Mr. Wang “has brought Huawei into disrepute.” Huawei said it complies with the law in all countries where it operates and requires all employees to do the same. The arrest of Mr. Wang was the latest incident to rock Huawei, the world’s largest maker of telecommunications equipment and the No. 2 maker of smartphones. It came weeks after the arrest of the company’s chief financial officer, Meng Wanzhou, in Canada … [Read more...] about Huawei Fires Executive Charged in Poland With Espionage
By Drew Hinshaw WSJ Dan Strumpf WSJ Fri., Jan. 11, 2019 Polish authorities detained and charged a local sales director of Huawei Technologies Co., a Chinese national, with conducting high-level espionage on behalf of China, amid widening global scrutiny by Washington and its allies of the technology giant. The arrest is another bombshell for Huawei, following the early December detention of the company’s chief financial officer in Canada, at the U.S.’s request, on charges related to Iranian sanctions. Unlike those allegations, the nature of the charges in Poland speak directly to suspicions by Washington and other Western governments that Huawei could be used by Beijing as a global spying tool. For years, Washington has labeled Huawei a national security threat, saying it could be forced by China to use its knowledge of the telecommunications equipment it sells around the world to tap into, or disable, foreign communications networks. Huawei has … [Read more...] about Huawei Executive Is Charged With Espionage in Poland
MANILA - Smartphones with displays that have notches on the top are bound to suffer from inevitable comparisons to the iPhone X, which started the polarizing design trend in late 2017. The aesthetic similarities are more pronounced with Huawei's P20 and P20 Pro, which like the iPhone X, also have rounded corners, glass backs, and rear cameras stacked vertically on the upper left side. But based on internals and real-life use, the differences between the Apple and Huawei flagships are more pronounced. DESIGN The iPhone X is relatively heavy for its 5.8-inch screen, weighing 174 grams compared to 165 grams for the P20, which has roughly the same same screen size and 180 grams for the P20 Pro. The fingerprint scanner on the P20 and P20 Pro, located on the front, gives the device a bottom chin, compared to the iPhone X, which, save for the notch, is nearly borderless thanks to the removal of Touch ID. Face ID has been surprisingly reliable in our tests, even in the dark. Face scanning is … [Read more...] about News iPhone X vs Huawei P20 series: Similarities end with the notch?
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