Tag: Huawei Technologies

Apple CEO Seeks to Ease Fears That iPhone Is in Trouble in China
Technology

Apple CEO Seeks to Ease Fears That iPhone Is in Trouble in China

[ad_1]  Apple Inc. Chief Executive Officer Tim Cook sought to assure Wall Street that iPhone demand remains strong in China, where it's grappling with the rise of Huawei Technologies Co. and an increasingly uncertain business environment for US firms.After Apple posted less revenue in China than some analysts projected last quarter, Cook blamed weakness in its Mac and iPad businesses. The company also pointed to currency fluctuations, which reduced the value of money generated in the region.  We are now on WhatsApp. Click to join Overall revenue in greater China declined 2% from the year-earlier period — a steeper drop than Apple experienced companywide. And Apple shares declined more than 3% in late trading Thursday.But the iPhone continued to make inroads in the market, Cook said. Tha...
US-China tech war: RISC-V chip technology emerges as new battleground
Technology

US-China tech war: RISC-V chip technology emerges as new battleground

[ad_1] In a new front in the U.S.-China tech war, President Joe Biden's administration is facing pressure from some lawmakers to restrict American companies from working on a freely available chip technology widely used in China - a move that could upend how the global technology industry collaborates across borders.At issue is RISC-V, pronounced "risk five," an open-source technology that competes with costly proprietary technology from British semiconductor and software design company Arm Holdings. RISC-V can be used as a key ingredient for anything from a smartphone chip to advanced processors for artificial intelligence. Some lawmakers - including two Republican House of Representatives committee chairmen, Republican Senator Marco Rubio and Democratic Senator Mark Warner - are urgin...
Unprofitable China EV maker Nio unveils phone for drivers
Technology

Unprofitable China EV maker Nio unveils phone for drivers

[ad_1] While Chinese tech companies have long harbored ambitions to move into the electric car industry, EV upstart Nio Inc. has gone the other way — on Thursday releasing its first mobile phone.The unprofitable automaker is targeting its loyal customer base with the phone, which will sync with Nio cars to act as a key fob, view information such as battery charge, and control functions like self-parking and the in-cabin infotainment system. The Android-based handset will be priced from 6,499 yuan ($890) — the same as Huawei Technologies Co.'s latest flagship Mate 60 Pro — Nio said as it unveiled the phone at its ‘Innovation Tech Day' in Shanghai. “We want our phone to connect seamlessly with the car, and bring a better user experience to our car owners,” founder and Chief Executive Offi...
US Bans Huawei, ZTE Telecom Equipment on Data-Security Risk
Technology

US Bans Huawei, ZTE Telecom Equipment on Data-Security Risk

[ad_1] Huawei and ZTE were banned from selling electronics in the US by regulators. Huawei Technologies Co. and ZTE Corp. were banned from selling electronics in the US by regulators who say they pose a security risk, continuing a years-long effort to limit the reach of Chinese telecommunications companies into US networks.The Federal Communications Commission, in an order released Friday, also named connected-camera providers Hangzhou Hikvision Digital Technology Co. and Dahua Technology Co., as well as two-way radio maker Hytera Communications Corp. “The FCC is committed to protecting our national security by ensuring that untrustworthy communications equipment is not authorized for use within our borders, and we are continuing that work here,” Chairwoman Jessica Rosenworcel said in...
What Xiaomi’s Billionaire CEO Lei Jun Is Reading to Build Electric Vehicles
Technology

What Xiaomi’s Billionaire CEO Lei Jun Is Reading to Build Electric Vehicles

[ad_1] Xiaomi CEO Lei Jun may be busy launching new smartphones, but it seems he’s still focused on his carmaking ambitions. Xiaomi Corp. co-founder Lei Jun may be busy launching new smartphones, but it seems he's still laser focused on his carmaking ambitions. The billionaire businessman has been asking friends in the auto industry for books to read to better understand the sector, according to a post he shared on Weibo, China's Twitter-esque social media service. Lei is personally spearheading a $10 billion project to make Xiaomi-branded electric vehicles by 2024. Lei compiled a reading list for China's week-long National Day holiday, chock full of biographies. His 12 recommendations include former Volkswagen AG CEO Ferdinand Piech's Auto.Biographie and more esoteric titles on ...