79688
Huawei’s Global Ambitions Hit
Huawei’s Global Ambitions Hit

Huawei’s Global Ambitions Hit

Huawei’s Global Ambitions Hit

Huawei Technologies Co Ltd’s planned deal with US carrier AT&T Inc to sell its smartphones in the United States has collapsed at the eleventh hour, people with knowledge of the matter said, in a blow to the Chinese firm’s global ambitions, Reuters reported. A separate person familiar with the discussions said that security concerns had arisen, without elaborating further. AT&T was pressured to drop the deal after members of the US Senate and House intelligence committees sent a letter on Dec. 20 to the Federal Communications Commission citing concerns about Huawei’s plans to launch consumer products through a major US telecom carrier, online tech news site The Information reported. Huawei said in a statement to Reuters on Tuesday that its flagship premium smartphone Mate 10 Pro—Huawei’s challenger to the iPhone—will not be sold in the United States via a telecoms carrier but only through open channels.

Short URL : https://goo.gl/oMfmGQ
  1. https://goo.gl/jQFdEG
  • https://goo.gl/tfwBix
  • https://goo.gl/Dkd6hd
  • https://goo.gl/qB7PBJ
  • https://goo.gl/55ywQq

You can also read ...

Bithumb Hacked, $32m in Cryptocurrency Stolen
Cryptocurrencies dropped after the second South Korean...
South Africa GDP Shrinks
South African gross domestic product shrank 2.2% in the first...
Washington in March imposed tariffs of 25% on steel and 10% on aluminum, in a move mainly aimed at curbing imports from China.
Russia said on Tuesday it would impose import duties on US...
Saudi Arabia, which employs about two-thirds of its citizens, is chipping away at a budget deficit that ballooned to almost 16% of GDP after the oil shock of 2014, while FDI slumped more than 80% last year.
Show up, swipe in. The routine is familiar to office workers...
Taxes in Italy Drive Economy Underground
Italy grew rapidly over the 20th century, and its black market...
European businesses say it has become harder to do  business in China over the past year.
European companies complain they still face a tough business...
Australian Telecom Co. to Axe 8,000 Jobs
Australia’s dominant telecommunications company Telstra...
South Korea to Grow 3 Percent
The Organization for Economic Cooperation and Development has...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus