China’s Huawei plans to sell its 51% stake in undersea telecommunications cable business
China’s Huawei Technologies Co Ltd plans to sell its 51% stake in undersea telecommunications cable business Huawei Marine Systems Co Ltd, according to an exchange filing from the Chinese buyer on Monday.
Huawei Technologies declined to provide immediate comment when contacted by Reuters. Trading of Hengtong Optic-Electric shares was suspended on Monday pending deal discussions. Last month, Huawei was slapped with a trade ban by the US Commerce Department that threatens to significantly disrupt its supply chain, though it has since been given a temporary reprieve.
Huawei Marine, established in 2008 as a joint venture with Britain’s Global Marine, is mainly engaged in the construction of global undersea communications cables.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
China to probe FedEx after Huawei says parcels divertedChina will investigate whether FedEx Corp damaged the legal rights and interests...
Weiterlesen »
China announces South China Sea military training exercisesBEIJING (AP) — China began two days of military training in the South China Sea Sunday, as its defense minister warned that China's armed forces would 'resolutely take action' to defend Beijing's...
Weiterlesen »
U.S.-China trade war of words heads for Fox cable TV face-off‘She’s so sure of U.S. victimhood, so indignant that her eyes practically spit fire’: A feud between broadcasters from China’s state-run CGTN and Fox Business Network leads to a televised debate
Weiterlesen »
Rural Americans could lose cell service due to Trump's ban on HuaweiSmall US telecom companies now face billions of dollars in costs or the end of their businesses entirely after the Trump administration effectively banned Huawei last week over spying accusations.
Weiterlesen »
Exclusive: Huawei reviewing FedEx relationship, says packages 'diverted'Chinese telecoms equipment maker Huawei is reviewing its relationship with FedEx...
Weiterlesen »
Huawei holds on to No. 2 smartphone spot after U.S. ban: reportChinese telecom company Huawei held on to its spot as the world's second bi...
Weiterlesen »
Opinion | Huawei and the U.S. ConstitutionOpinion: The American people’s best hope may lie in the rule of law—that U.S. courts will declare the Huawei ban unconstitutional, writes Song Liuping
Weiterlesen »
Huawei founder says he would oppose Chinese retaliation against Apple: Bloomberg(Reuters) - Huawei Technologies' founder and Chief Executive Ren Zhengfei told Bloomberg https://bloom.bg/2HT7DUY that retaliation by Beijing against Apple Inc was unlikely and that he would oppose any ...
Weiterlesen »
Huawei holds on to No. 2 smartphone spot in first quarter: reportChinese telecom company Huawei held on to its spot as the world's second bi...
Weiterlesen »
Should You Still Buy A Huawei Phone?Huawei’s smartphones are among the most popular handsets available today. However, given that Huawei is enthralled in security controversies and Donald Trump’s executive order, should you still consider a Huawei phone?
Weiterlesen »
Huawei Seeks Quick Overturn of Law Restricting Its U.S. BusinessHuawei asked a judge to quickly rule in its favor in its legal challenge to overturn a law that restricts its business in the U.S., saying American officials haven’t provided evidence that it poses a security threat.
Weiterlesen »