There is no truth to the report, a source close to the company said, while Nokia declined to comment. (bloom.bg/3a1uMAW)
PENANG, Malaysia (Reuters) – When news of the coronavirus outbreak spread around the world in…
FILE PHOTO: The company logo and trading information for BlackRock is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 30, 2017. REUTERS/Brendan McDermid/File Photo
FILE PHOTO: The Apple logo is shown atop an Apple store at a shopping mall in La Jolla, California, U.S., December 17, 2019, 2019. REUTERS/Mike Blake/File Photo
CEO Tim Hoettges said on Wednesday.
Robert Strayer, deputy assistant secretary for cyber, international communications and information policy at the U.S. State Department, said on a visit to Lisbon it was “necessary to demystify” the notion that Huawei is more advanced in 5G. Washington wants its allies to ban Huawei, the world’s largest producer of telecoms equipment, arguing the use of its kit creates the potential for espionage by China – a claim denied by Huawei and Beijing.
In a 57-page decision, U.S. District Judge Amos Mazzant ruled in favor of the United States, concluding that Congress acted within its powers by including the restriction in the National Defense Authorization Act, which also targeted Chinese company ZTE Corp.
The deal is expected to close in the next six to nine months, the companies said.
Manufacturing facilities in China that produce Apple’s iPhone and other electronics have begun to reopen, but they are ramping up more slowly than expected, Apple said. That will mean fewer iPhones available for sale around the world, making Apple one of the largest Western firms to be hurt by the outbreak.
FILE PHOTO: The Huawei logo is seen on a communications device in London, Britain, January 28, 2020. REUTERS/Toby Melville/File Photo
FILE PHOTO: The Huawei logo is pictured at the IFA consumer tech fair in Berlin, Germany, September 6, 2019. REUTERS/Hannibal Hanschke/File Photo