Huawei Ban

Discussion in 'Wall St. News' started by dealmaker, May 15, 2019.

  1. dealmaker

    dealmaker

    Call me back

    Huawei sued the U.S. government for the second time in nine months, this time filing a complaint against the FCC, which has prohibited U.S. network operators from using Huawei equipment. The Chinese telecom manufacturer says the ban, which comes after the U.S. officially labelled Huawei a national security threat, is unconstitutional. Fortune
     
    #71     Dec 7, 2019
  2. bone

    bone

    Good luck with that, Huawei.

     
    #72     Dec 7, 2019
  3. dealmaker

    dealmaker

    Huawei Strikes German 5G Deal Despite Political Pushback
    Telefónica becomes the first operator in Germany to publicly commit to the Chinese vendor
    [​IMG]
    China’s Huawei was picked to supply 5G equipment for Germany. Photo: hannibal hanschke/Reuters
    By
    Sara Germano
    Dec. 11, 2019 10:49 am ET

    BERLIN—Huawei Technologies Inc. secured a commitment to build part of Germany’s 5G infrastructure, strengthening its position in Europe’s largest economy despite calls from lawmakers to bar the Chinese company.

    Telefónica SA, one of three major mobile operators in Germany, said Wednesday it planned to use equipment from Huawei and Finland-based Nokia Corp. to build its 5G network in the country—subject to Huawei equipment being certified for use.

    “Telefónica Germany has clearly taken care not to pre-empt the ongoing political process of defining these security guidelines and at the same time not to delay the start of the 5G rollout,” said Klaus Schulze-Löwenberg, a spokesman for the company.

    Both Nokia and Huawei will be “equally responsible” for supplying equipment for 5G antenna technology as part of this decision, while Telefónica Germany plans to select vendors for the more sensitive core network sometime next year.

    It is the first public commitment toward the use of Huawei equipment for 5G by one of Germany’s three main mobile network operators, which also include domestic leader Deutsche Telekom AG and Vodafone Group PLC.

    Related
    The decision comes amid political quibbling in Germany over whether to allow Huawei to supply components for mobile networks or to ban it, as the U.S. has demanded. The government recently decided against explicitly barring Huawei. Critics of the company are concerned it could be a vehicle for espionage by China.

    But lawmakers from Germany’s ruling coalition have pushed back and threatened to amend the nation’s telecommunications security laws in a way that would exclude the Chinese vendor. Timing of a parliamentary vote on the updated security regulations is unclear but expected soon.

    At the annual convention of Chancellor Angela Merkel’s Christian Democratic Union last month, members adopted a nonbinding motion to exclude 5G network bids by foreign equipment makers that could be subject to influence from their governments—which applies to Huawei.

    Deutsche Telekom says it is waiting out the political quarreling before signing any new equipment deals. “In view of the unclear political situation, we are not currently entering into any 5G contracts with any manufacturer. We informed the manufacturers about this last week,” a company spokesman said in a statement. “We hope, however, that we will get political clarity for the 5G expansion in Germany as soon as possible, so as not to fall behind.”

    Huawei has said that it would be willing to sign a no-spy agreement and welcomes regulatory scrutiny both in Germany and elsewhere. The Chinese company is already a major supplier to all three network operators in their existing infrastructure, and a company spokesman said this week that efforts to build out Germany’s 4G network are continuing.

    Operators in Germany have lobbied against banning Huawei, saying it would push up the cost of building the 5G network and delay its deployment.

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    Huawei CEO: ‘We Can Survive Without the U.S.’
    In an interview with The Wall Street Journal, Huawei’s Ren Zhengfei discusses how his company will navigate the trade war, concerns over whether its equipment could be used to spy for Beijing and his road trip across America. Photo: Anthony Kwan for The Wall Street Journal
    Write to Sara Germano at sara.germano@wsj.com

    https://www.wsj.com/articles/huawei-strikes-german-5g-deal-despite-political-pushback-11576079398
     
    #73     Dec 11, 2019
    elitenapper and AKUMATOTENSHI like this.
  4. there is a tendency in US capitalism where corporations or self interest groups lobby gov't or bribe the politicians so they have a more competitive advantage or destroy the compeitition with gov't assistance or make laws that make their industry more profitable. or greedy. it's called fascism or when corporate interest rule. corporations own America. corporate lobby groups something like environmental groups etc.
    cheating, lie, steal, kill is the American way of doing 'business'

    as for news 'censorship' any mention of privatization of the US military is 'censored' huge profits in being 'merchants of death' for the US military.
    entire army is mercenaries who kill for profit.
     
    Last edited: Dec 11, 2019
    #74     Dec 11, 2019
    elitenapper and comagnum like this.
  5. dealmaker

    dealmaker

    Huawei Loss

    The Norwegian telco Telenor has decided to go with Ericsson as the supplier for its 5G network rollout, instead of its 4G network partner, Huawei. Based on a "comprehensive and holistic" security and technical-quality evaluation, said Telenor CEO Sigve Brekke, "we have decided to introduce a new partner for this important technology shift in Norway." The U.S., which has been lobbying allies to shun Huawei's 5G tech, will be pleased. Reuters

    This edition of CEO Daily was edited by David Meyer.
     
    #75     Dec 13, 2019
  6. This entire scenario reminds me of overzealous middle-class parents, who thinks there child(domestic corporation) should have preferencial treatment and opportunity to compete. Huawie is better of starting in Europe anyways. Their consumers are by far more critical of cellular service and hardware. Whenever some of my family comes state side that can't believe how far behind the US market is. Besides this makes the African continent a stones stone throw away. I will give the US about 6 months before they conceed and the lady in Vancouver BC is exonerated..

    Akuma
     
    #76     Dec 13, 2019
  7. bone

    bone

    The Big Hack: How China Used a Tiny Chip to Infiltrate U.S. Companies

    https://www.bloomberg.com/news/feat...ny-chip-to-infiltrate-america-s-top-companies






     
    Last edited: Dec 13, 2019
    #77     Dec 13, 2019
  8. #78     Dec 13, 2019
  9. #79     Dec 13, 2019
    elitenapper likes this.
  10. dealmaker

    dealmaker

    Huawei Europe

    Huawei chairman Liang Hua said the contentious Chinese telecoms giant plans to manufacture components at a European production site, following a feasibility study to figure out which country will get the factory. The move might help assuage European fears over the security implications of using Huawei equipment. Liang also said the firm no longer relies on chips and other components from American companies, following Trump-administration restrictions on U.S. firms supplying Huawei. AFP
     
    #80     Dec 19, 2019