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Chinese buyer of Welsh chip factory warns investors deal is at risk
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Staff and Faculty React to BU COVID-19 Vaccine Mandate
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Few people today would be aware of Nokia s 19th-century origins as the operator of a pulp mill in Tampere. The evolution of the Finnish firm into one of the world s biggest makers of telecom equipment has taken more than 150 years. Transformation could make one of China s largest pandas similarly unrecognizable in a much shorter period. Battered by US sanctions, Huawei is shedding its identity as a telecom hardware business.
The Chinese equipment giant aims to reinvent itself as a software company serving industries besides the telecom sector. It already boasts the number-two spot in the Chinese market for public cloud services and has established its young enterprise division as the company s growth engine. Enterprise sales last year were up 23%, to more than 100 billion Chinese yuan (US$15.3 billion), and account for more than 11% of the total. China s automotive sector is a prime target.
After Brexit and Huawei, UK must weigh big bet on chips
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Open RAN spent last year as a plucky but weak challenger with excellent PR and a receptive audience. If it were a sportsperson, it would probably be Eddie the Eagle Edwards, a chirpy ski jumper who represented Great Britain in the 1988 Olympics but finished dead last by some margin, less eagle than flightless duck. Edwards captured the public imagination that year like no other skier. His story was eventually turned into a Hollywood movie.
The authorities were not impressed, though. After the Calgary Olympics, they tightened up entry requirements to prevent any repeat mockery in future. Open RAN is under similar scrutiny this year. Rule makers in the UK are taking a hard look at the ambitious mobile technology, and they are worried about its waddling technique and generally questionable form. If it wants to be a serious competitor, it will have to shape up.