Tag #Huawei

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europe.chinadaily.com.cn

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Apr 23, 04:13

US Chip Restrictions Boost China's Semiconductor Industry

US chip export restrictions to China, causing potential losses of \$5.5 billion for Nvidia and \$800 million for AMD, are inadvertently strengthening China's semiconductor industry, particularly its upstream sectors, as Chinese companies accelerate R&D and partnerships to achieve technological self-...

US Chip Restrictions Boost China's Semiconductor Industry

US chip export restrictions to China, causing potential losses of \$5.5 billion for Nvidia and \$800 million for AMD, are inadvertently strengthening China's semiconductor industry, particularly its upstream sectors, as Chinese companies accelerate R&D and partnerships to achieve technological self-...

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Industry, Innovation, and Infrastructure

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What are the immediate economic impacts of US chip export restrictions on US companies and how is China responding?

US tariff policies on semiconductors are inadvertently bolstering China's chip industry, particularly in upstream sectors like equipment and components. Nvidia and AMD reported potential losses of \$5.5 billion and \$800 million, respectively, due to new US export restrictions to China. This is pushing Chinese companies to accelerate R&D, potentially creating globally competitive chipmakers.

jpost.com

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Apr 21, 16:13

Huawei to Mass-Ship 910C AI Chip, Challenging US Export Controls

Huawei plans to mass-ship its 910C AI chip to Chinese customers next month, providing a domestic alternative to Nvidia's H20 chip now subject to US export licenses; the chip, manufactured partly by SMIC and using components from TSMC-made chips for Sophgo, offers comparable performance to Nvidia's H...

Huawei to Mass-Ship 910C AI Chip, Challenging US Export Controls

Huawei plans to mass-ship its 910C AI chip to Chinese customers next month, providing a domestic alternative to Nvidia's H20 chip now subject to US export licenses; the chip, manufactured partly by SMIC and using components from TSMC-made chips for Sophgo, offers comparable performance to Nvidia's H...

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How do US export restrictions on Nvidia's AI chips contribute to Huawei's opportunity and the broader shift in China's AI chip market?

The US restrictions on Nvidia's high-end AI chips have created an opening for Huawei and other Chinese companies. Huawei's 910C, while an architectural evolution rather than a technological leap, offers comparable performance to Nvidia's H100 by combining two 910B processors. This demonstrates China's efforts to reduce reliance on US technology.

dw.com

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Apr 15, 13:16

China Accuses NSA of Cyberattacks on Asian Winter Games

Chinese officials accused three NSA employees of cyberattacks targeting the 9th Asian Winter Games in Harbin, China, between January 26 and February 14, 2025, compromising sensitive data including registration details, athlete information, and payment systems; the attacks allegedly peaked during the...

China Accuses NSA of Cyberattacks on Asian Winter Games

Chinese officials accused three NSA employees of cyberattacks targeting the 9th Asian Winter Games in Harbin, China, between January 26 and February 14, 2025, compromising sensitive data including registration details, athlete information, and payment systems; the attacks allegedly peaked during the...

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Peace, Justice, and Strong Institutions

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What sensitive data was allegedly targeted during the cyberattacks on the 9th Asian Winter Games in Harbin?

Chinese authorities accused three NSA employees of cyberattacks targeting the 9th Asian Winter Games in Harbin, China, between January 26 and February 14, 2025. The attacks allegedly compromised sensitive data, including registration details, athlete information, and payment systems. These accusations come amidst heightened US-China tensions.

nos.nl

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Apr 5, 01:19

Three More Charged in Huawei-Linked EU Parliament Bribery Case

Belgian prosecutors charged three more individuals with corruption, money laundering, and criminal organization, bringing the total suspects in the Huawei bribery case to eight; investigators allege Huawei lobbyists bribed MEPs and staff since 2021 with cash and gifts to secure favorable stances on ...

Three More Charged in Huawei-Linked EU Parliament Bribery Case

Belgian prosecutors charged three more individuals with corruption, money laundering, and criminal organization, bringing the total suspects in the Huawei bribery case to eight; investigators allege Huawei lobbyists bribed MEPs and staff since 2021 with cash and gifts to secure favorable stances on ...

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How did the alleged bribery scheme operate, and what role did a Portuguese company play?

This case highlights concerns about foreign influence within the European Parliament. The investigation alleges that Huawei lobbyists bribed MEPs and staff since 2021 with cash and gifts in exchange for favorable stances on Huawei's access to the European market. The bribery was reportedly facilitated by a Portuguese company.

china.org.cn

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Apr 1, 07:18

Huawei Reports Strong 2024 Growth, Driven by R&D and Diversification

Huawei's 2024 annual report reveals 862.1 billion yuan in sales revenue, a 62.6 billion yuan net profit, and a 179.7 billion yuan investment in R&D, showcasing significant growth and diversification across AI, HarmonyOS, and automotive solutions.

Huawei Reports Strong 2024 Growth, Driven by R&D and Diversification

Huawei's 2024 annual report reveals 862.1 billion yuan in sales revenue, a 62.6 billion yuan net profit, and a 179.7 billion yuan investment in R&D, showcasing significant growth and diversification across AI, HarmonyOS, and automotive solutions.

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Decent Work and Economic Growth

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What were the key factors driving Huawei's significant revenue growth and profitability in 2024?

In 2024, Huawei's sales revenue reached 862.1 billion yuan (approximately 120.1 billion USD), a significant increase from the previous year. This growth, exceeding forecasts, resulted in a net profit of 62.6 billion yuan.

abcnews.go.com

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Mar 31, 19:15

Huawei's Revenue Soars Despite Profit Drop Amidst US Sanctions

In 2024, Huawei's net profit fell 28% to $8.6 billion, while revenue jumped 22% to $118.2 billion due to increased investment in R&D and strong sales growth in consumer goods and automotive sectors; this occurred despite US trade restrictions limiting access to American technology.

Huawei's Revenue Soars Despite Profit Drop Amidst US Sanctions

In 2024, Huawei's net profit fell 28% to $8.6 billion, while revenue jumped 22% to $118.2 billion due to increased investment in R&D and strong sales growth in consumer goods and automotive sectors; this occurred despite US trade restrictions limiting access to American technology.

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What is the significance of Huawei's 22% revenue increase despite a 28% profit decline, and what does this indicate about the company's strategic priorities?

Despite a 28% drop in net profit to $8.6 billion, Huawei's revenue surged 22% to $118.2 billion in 2024, driven by strong growth in consumer goods and automotive sales. This is largely attributed to increased investment in R&D, exceeding $25 billion, and the absence of gains from asset sales.

kathimerini.gr

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Apr 21, 22:12

US Chip Export Controls Boost Chinese AI Rivals

US export controls on advanced microprocessors, particularly Nvidia's H20 GPUs, are creating a $5.5 billion loss for Nvidia and boosting Chinese AI chip makers like Huawei and Cambricon, who are seeing increased investment despite technological and manufacturing limitations.

US Chip Export Controls Boost Chinese AI Rivals

US export controls on advanced microprocessors, particularly Nvidia's H20 GPUs, are creating a $5.5 billion loss for Nvidia and boosting Chinese AI chip makers like Huawei and Cambricon, who are seeing increased investment despite technological and manufacturing limitations.

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How are US export controls on advanced microprocessors impacting the competitiveness of Chinese and US AI chip manufacturers?

The US is tightening restrictions on exporting advanced microprocessors to China, impacting Nvidia which projects a $5.5 billion loss this quarter due to halted shipments. This creates an opportunity for Chinese AI chip companies like Huawei and Cambricon, who are seeing increased investment and market share gains.

bbc.com

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Apr 17, 16:15

UK Seizes Scunthorpe Steel Plant, Raising Concerns Over Chinese Investment

The UK government seized the Scunthorpe steel plant from Jingye Steel on April 17, 2025, due to concerns about the plant's closure and potential national security implications of Chinese investment in British infrastructure, sparking debate about the extent and risks of Chinese investment in the UK ...

UK Seizes Scunthorpe Steel Plant, Raising Concerns Over Chinese Investment

The UK government seized the Scunthorpe steel plant from Jingye Steel on April 17, 2025, due to concerns about the plant's closure and potential national security implications of Chinese investment in British infrastructure, sparking debate about the extent and risks of Chinese investment in the UK ...

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How does the discrepancy between official and independent estimates of Chinese investment in the UK affect the assessment of its economic and security implications?

While official statistics show relatively low Chinese investment in the UK (£4.3 billion in 2023), independent estimates suggest a far higher figure ($105 billion between 2005 and 2024), spread across energy, transport, and even football clubs. This discrepancy arises from underreporting and opaque Chinese investment practices.

elmundo.es

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Apr 7, 04:09

Zapatero's China Lobbying Boosts Spain's Ties with Beijing

Former Spanish Prime Minister José Luis Rodríguez Zapatero's extensive lobbying efforts for China, including lifting the European Union arms embargo and promoting Huawei, have significantly strengthened Spain's commercial ties with China, facilitating numerous business opportunities and visits by to...

Zapatero's China Lobbying Boosts Spain's Ties with Beijing

Former Spanish Prime Minister José Luis Rodríguez Zapatero's extensive lobbying efforts for China, including lifting the European Union arms embargo and promoting Huawei, have significantly strengthened Spain's commercial ties with China, facilitating numerous business opportunities and visits by to...

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How has Zapatero's personal influence within the CCP contributed to Spain's economic gains in China?

Zapatero's influence stems from his past support of Chinese policies and his personal relationships with high-ranking officials within the Chinese Communist Party (CCP). This influence has translated into practical benefits for Spain, including increased trade and investment, particularly in sectors like renewable energy. His role underscores the complex interplay between personal diplomacy and national economic interests.

politico.eu

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Apr 2, 22:16

Huawei Employees Face Corruption Charges in Belgium

A Belgian court is hearing charges against three Huawei employees and a Forum Europe managing director for allegedly paying eight European lawmakers to sign a pro-Huawei letter; €15,000 was allegedly offered to the letter's writer, and €1,500 to each co-signatory, disguised as consultancy fees.

Huawei Employees Face Corruption Charges in Belgium

A Belgian court is hearing charges against three Huawei employees and a Forum Europe managing director for allegedly paying eight European lawmakers to sign a pro-Huawei letter; €15,000 was allegedly offered to the letter's writer, and €1,500 to each co-signatory, disguised as consultancy fees.

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Peace, Justice, and Strong Institutions

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What are the potential long-term implications of this case for EU regulations regarding corporate lobbying and transparency?

The outcome of this case could significantly impact future lobbying practices within the EU, potentially leading to stricter regulations and greater scrutiny of corporate influence. The involvement of high-profile Huawei employees underscores the seriousness of the allegations and the potential ramifications for the company's operations in Europe. Further investigations might uncover broader networks involved in similar activities.

german.china.org.cn

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Apr 1, 10:17

Huawei's 2024 Financial Report Shows Strong Growth and Diversification

Huawei reported 2024 revenue of 862.1 billion yuan ($120.1 billion USD), a net profit of 62.6 billion yuan, and invested 179.7 billion yuan in R&D, marking significant growth and diversification into areas such as intelligent automotive solutions and the HarmonyOS ecosystem.

Huawei's 2024 Financial Report Shows Strong Growth and Diversification

Huawei reported 2024 revenue of 862.1 billion yuan ($120.1 billion USD), a net profit of 62.6 billion yuan, and invested 179.7 billion yuan in R&D, marking significant growth and diversification into areas such as intelligent automotive solutions and the HarmonyOS ecosystem.

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Decent Work and Economic Growth

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What were the key financial results of Huawei in 2024, and what are the immediate implications for the global technology market?

In 2024, Huawei, a Chinese tech giant, reported revenue of 862.1 billion yuan ($120.1 billion USD), a significant increase from the previous year's 704.2 billion yuan. The company also achieved a net profit of 62.6 billion yuan, meeting its projections. This growth is particularly notable given ongoing global economic uncertainty.

tr.euronews.com

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Mar 27, 22:11

MEPs Deny Bribery in Huawei-Linked 5G Policy Letter

Eight MEPs deny receiving payments to sign a 2021 letter criticizing EU policy on banning foreign 5G equipment, despite a Belgian investigation charging five individuals with corruption and money laundering linked to Chinese tech giant Huawei.

MEPs Deny Bribery in Huawei-Linked 5G Policy Letter

Eight MEPs deny receiving payments to sign a 2021 letter criticizing EU policy on banning foreign 5G equipment, despite a Belgian investigation charging five individuals with corruption and money laundering linked to Chinese tech giant Huawei.

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What broader implications does this case have for the EU's 5G policy and its relationship with Chinese tech companies?

The letter, sent to EU officials in January 2021, argued against banning foreign 5G equipment, implicitly referring to Huawei. Eight MEPs signed, three of whom are no longer in the Parliament. All those still serving denied receiving payments, citing their support for broadband access in rural areas as motivation.

Showing 49 to 60 of 91 results