U.S. sanctions turn up heat but Huawei serving European 5G clients, executive says

ZURICH – Chinese telecom giant Huawei is finding it harder to counter U.S. sanctions designed to choke off its access to semiconductors but can continue to serve European 5G network clients, a senior European executive told an Austrian newspaper. The world’s biggest maker of mobile telecommunications equipment and smartphones was still “looking for a solution” […]

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Analysis: Ant Group’s $35 billion IPO unlikely to be hurt by possible U.S. curbs

HONG KONG – Ant Group’s $35 billion initial public offering (IPO) is unlikely to suffer from any U.S. restrictions on the Chinese financial technology giant due to its very limited overseas presence, potential investors and analysts said. Trump administration officials are considering curbs on Ant, an affiliate of Chinese e-commerce firm Alibaba BABA.N, and Tencent […]

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