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Ericsson's operating profit down in Q2 results

Finland's Nokia cut its annual outlook on Friday and Swedish rival Ericsson delivered second-quarter results slightly above expectations, as a slowdown in consumer spending hit sales of telecom gear. ....

City Of , United Kingdom , Martin Coulter , Tom Hogue , Thomson Reuters Trust Principles , Thomson Reuters Trust ,

US targets China over semiconductors

U.S.-China tensions over semiconductors began with the Trump administration's trade war and have ratcheted up under President Joe Biden's leadership as Washington looks to undercut Beijing's efforts to build its high-tech industry. ....

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Germany's Scholz rejects blanket state supervision of exports to China

The German government should not place all exports to China under supervision, German Chancellor Olaf Scholz said on Monday. ....

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EU approves $8.7 bln of state aid for tech innovation projects

The European Commission has approved 8.1 billion euros ($8.7 billion) of state aid for microelectronics and communication technology projects as part of the European Union's drive to be at the cutting edge of technological innovation. ....

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EU considers mandatory ban on using Huawei to build 5G - FT

The European Union is considering a mandatory ban on member-states using companies that might pose a security risk in their 5G networks, including China's Huawei Technologies Co Ltd, the Financial Times reported on Tuesday. ....

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