UK chip designer Arm hangs up on under-fire Huawei

Arm said in a brief statement that it was"complying with all of the latest regulations set forth by the US government".

Huawei said:"We value our close relationships with our partners, but recognise the pressure some of them are under, as a result of politically motivated decisions. "We are confident this regrettable situation can be resolved and our priority remains to continue to deliver world-class technology and products to our customers around the world."

Huawei's international trading partners are distancing themselves from the company until there is more clarity over its relationship with the US tech firms that provide apps and services that are crucial for consumers.and Vodafone both said on Wednesday that they had dropped Huawei smartphones from the imminent launch range of their 5G networks.

The US accuses Huawei of being a national security risk as Chinese state law obliges companies there to cooperate with demands for information by security services.The controversy over the company comes against the background of a major trade war being waged between Washington and Beijing.

Worth reminding ourselves that ARM was one of the early casualties of brexit. The fall of Sterling allowed Japanese Softbank to buy this amazing company at a discount of 20%. Now intellectual property, corp profits, corp tax etc all held outside UK. Taking back control?

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

It is dangerous to allow Huawei to be involved in the UK, says ROSS CLARKJUST a few years ago the name Huawei would have meant nothing to the British public. Now millions of us have the Chinese company's smartphones in our bags or pockets. They have helped bring once unimaginable technology to the masses, allowing us to access the internet, play films while on the move and make telephone calls around the world.
Source: Daily Express - 🏆 26. / 68 Read more »

Huawei finds itself in the crossfire of US-China trade warHuawei's future now does not depend on business or economic decisions, but geopolitical ones, writes Sky's Tom Cheshire. The Chinese government may have to renationalise this company. Take it back in-house and rebrand as the Sino Secret Intelligence Service, Telecoms Section. Just remember where Instagram spyware came from.
Source: SkyNews - 🏆 35. / 67 Read more »

Conspiracy theorists say Huawei phone's 50x 'spy camera' is REAL reason for banCONSPIRACY theorists are claiming the real reason for the US ban on Huawei is the astonishing 50X zoom of its mobile phones. The company was slapped with a US trade ban last week amid fears it coul… Any camera phone can be used against it's user. Any computer actually as well. Once the Internet Protocol Address is obtained, anyone with computer science knowledge can use the camera to spy on the user and then some. There are DSLR lenses with similar capabilities. This Chinese spying rumour is hardly new, nor limited to laptops either.
Source: TheSun - 🏆 64. / 61 Read more »