While Huawei tech is blocked in the US, it is helping build one of the world biggest 5G networks at home. Entrepreneur Jun Yu takes three smarthphones out with him everyday Jun Yu can't resist gadgets. More than 20 smartphones, old tablets and other devices lurk in a corner of his Beijing home - an ever-growing tech junkyard. His apartment also boasts a Google Home smart assistant and an Amazon Echo. "I take three phones out with me every day. I use a phone for Chinese apps, I use my iPhone for Gmail and western apps, and I use my Google Pixel phone for work," says the 34-year-old tech entrepreneur. His obsession has paid off though. In 2009, he bought the first phone to use Android, the software that now runs more than 80% of smartphones. A year later, the physics graduate, founded his own company creating content for Chinese Android users. By 2016 he had sold the company for an undisclosed amount to Alibaba, the Chinese e-commerce giant. Now he is excited about the next … [Read more...] about Huawei: Trouble overseas but boom time in China
NEW DELHI -- The Indian government’s win of a long-contested dispute over telecom fees could end up a Pyrrhic victory, as the billions of dollars in levies now owed are seen as burdens too big to bear for two of the country’s three main carriers. Vodafone Idea Ltd, India’s biggest carrier by user numbers, is widely regarded as most on the ropes, with parent Vodafone Group calling the situation “critical” after the unit was saddled with about $3.9 billion in fresh payments due. That is the biggest portion of the $13 billion incurred by the sector after India’s Supreme Court last month sided with the government in how spectrum usage and license fees are calculated. Bharti Airtel, the No. 3 provider which must pay roughly $3 billion under the ruling, has also flagged distress, saying the decision casts much doubt on “its ability to continue as a going concern.” To industry executives and analysts alike, there’s only one solution … [Read more...] about After $13 billion levy ruling, future of India’s tattered telecom sector hinges on government aid
Vietnam, listed among the easy-to-conquer markets for Huawei, has also become tougher amid calls for boycott of Huawei all over the world. Huawei, the biggest telecom equipment supplier in the world, is facing a global crackdown on its telecommunications equipment because of a series of incidents recently, including the Canadian government’s arrest of its Chief Financial Officer and the US ban on Huawei and ZTE equipment. Many other countries, responding to US-led calls for boycott Huawei products, have also stated they will reconsider the products of the Chinese manufacturers. Huawei has reported a high growth rate of 19.5 percent in 2018 compared with the year before. However, analysts pointed out that the business with telecom network operators was unsatisfactory with revenue from network infrastructure equipment decreasing by 1.3 percent. While the US and other countries have repeatedly mentioned the ‘back door’ in Huawei’s equipment, other countries have … [Read more...] about How will Huawei fare in Vietnam?