Huawei

Export Licences Revoked from Huawei by US – Chip Makers React Swiftly!

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San Diego, California – The US government has taken steps to restrict exports of certain goods to Chinese tech giant Huawei, a move that is likely to have significant implications for the global technology industry. In a recent development, the Department of Commerce revealed that it has revoked some licenses that allowed US chip makers to export specific items to Huawei, marking a significant escalation in the ongoing economic tensions between the US and China. …

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Huawei Chip Supply in Jeopardy: US Revokes Licenses – What Does This Mean?

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Washington, D.C. – The United States has recently revoked several export licenses for companies that supply China’s Huawei with essential components, a move that could have significant implications for the global tech industry. This decision comes amidst ongoing tensions between the US and China over national security concerns and trade disputes. The US Department of Commerce has taken action to restrict the supply of certain chips to Huawei, a major Chinese telecommunications equipment manufacturer. This …

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Huawei Launches Pura 70 to Challenge Apple’s iPhone Dominance in China

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SHANGHAI, China – Apple’s foothold in the Chinese smartphone market faces a new challenge as Huawei introduces its latest line of smartphones, the Pura 70. The move comes amid a significant drop in iPhone sales in China, posing a threat to Apple’s dominance in the region. During Apple CEO Tim Cook’s recent trip to China, he showcased his charm offensive, engaging with fans and promoting the brand on social media. However, behind the scenes, iPhone …

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iPhone Sales in China Plummet by 24% as Huawei Dominates Market Beat- Find Out Why!

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Shanghai, China – Sales of Apple’s iPhone in China have seen a significant decline of 24% in the first six weeks of 2024 compared to the previous year, according to research firm Counterpoint. This drop comes as the US tech giant faces intense competition from domestic rivals in the Chinese market. During the same period, Huawei, a Chinese tech company, experienced a notable 64% increase in sales within its home market, as reported by Counterpoint. …

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