Kevin Wolf

2 results

Out of $70bn   that Huawei spent buying components in 2018, some $11bn   went to US firms including Qualcomm, Intel and Micron Technology. Photograph: Getty Images

Huawei is planning extensive layoffs in the US as the Chinese telecoms equipment company grapples with its US blacklisting, the Wall Street Journal re(...)

Huawei said the temporary reprieve move bore little meaning for the company as it had been making preparations for a blacklist scenario. Photograph: Reuters

The US government has temporarily eased trade restrictions imposed last week on China’s Huawei, a move aimed at minimising disruption for its customer(...)