China accuses FedEx of 'holding up' Huawei parcels

China accused FedEx of deliberately "holding up" the delivery of more than 100 Huawei packages after the US firm misrouted some parcels from the telecom giant, state media said Friday.

Huawei says it plans to invest $3.1 billion in Italy

Chinese tech giant Huawei said Monday it plans to invest $3.1 billion (2.75 billion euros) in Italy over three years, as the firm looks to strengthen its foothold in Europe after the US labelled it a major security risk.

Huawei planning major job cuts in US: WSJ

Chinese telecoms giant Huawei, which is subject to US sanctions over concerns about its ties to the government in Beijing, is planning to make major job cuts at its US operations, The Wall Street Journal reported Sunday.

Huawei calls on US to lift export restrictions

The chairman of Huawei said Friday the Chinese tech giant has yet to see any benefit from President Donald Trump's promise to allow U.S. companies to sell some components to the company and called on Washington to remove ...

Trump hints at softer stance on China's Huawei

President Donald Trump said on Saturday that US companies could sell equipment to Chinese telecom giant Huawei, indicating a potentially softer position on a key sticking point in the US-China trade war.

Huawei staff pair up with Chinese military on research

Huawei employees have teamed up with Chinese military scientists to carry out research, a collaboration that challenges the telecom giant's assertion that it has no ties to the country's government or armed forces.

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Huawei

Huawei (officially Huawei Technologies Co. Ltd.) is a Chinese multinational networking and telecommunications equipment and services company headquartered in Shenzhen, Guangdong, China. It is the largest China-based networking and telecommunications equipment supplier and the second-largest supplier of mobile telecommunications infrastructure equipment in the world (after Ericsson).

Huawei was founded in 1987 by Ren Zhengfei and is a private company owned by its employees. Its core activities are building telecommunications networks; providing operational and consulting services and equipment to enterprises; and manufacturing communications devices for the consumer market. Huawei has over 110,000 employees, around 46% of whom are engaged in research and development (R&D). It has 20 R&D institutes in countries including China, Germany, India, Russia, Sweden and the United States, and in 2010 invested CNY 16,556 million in R&D.

In 2010, Huawei recorded revenues of USD$28 billion. Its products and services have been deployed in more than 140 countries and it currently serves 45 of the world's 50 largest telecoms operators.

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