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Republican Senator Tom Cotton has removed his hold on President Joe Biden's nominee for a key post in the U.S.-China tech battle, after the official said he would "aggressively" police tech exports to Beijing, according to a Cotton aide and a document seen by Reuters. ....
Nokia reported a stronger-than-expected third-quarter operating profit on Thursday on higher demand for 5G gear, but warned the global shortage of semiconductors would hit its supply chain. ....
Revenue of China's Huawei Technologies Co Ltd (HWT.UL) plummeted 38% in the third quarter compared to the same period a year earlier, with U.S. sanctions having hobbled its smartphone business and new potential growth areas still in their infancy. ....
The U.S. Senate voted unanimously on Thursday to approve legislation to prevent companies such as Huawei Technologies Co Ltd (HWT.UL) or ZTE Corp that are deemed security threats from receiving new equipment licenses from U.S. regulators. ....
Chinese telecoms giant Huawei (HWT.UL) paid Democratic lobbyist Tony Podesta $1 million to lobby the Biden administration on its behalf, double what the lobbyist has revealed publicly, according to two people familiar with the matter. ....