Latest news with #HuaweiTechnologies'
Business Times
01-07-2025
- Business
- Business Times
China's Huawei must face US criminal charges, judge rules
[NEW YORK] A US judge on Tuesday (Jul 1) rejected Huawei Technologies' bid to dismiss most of a federal indictment accusing the Chinese telecommunications company of trying to steal technology secrets from US rivals, and misleading banks about its work in Iran. In a 52-page decision, US District judge Ann Donnelly in Brooklyn found sufficient allegations in the 16-count indictment that Huawei engaged in racketeering to expand its brand, stole trade secrets from six companies, and committed bank fraud. The Iran accusations stemmed from Huawei's alleged control of Skycom, a Hong Kong company that did business in that country. Donnelly said prosecutors satisfactorily alleged Skycom 'operated as Huawei's Iranian subsidiary and ultimately stood to benefit, in a roundabout way', from more than US$100 million of money transfers through the US financial system. Huawei has pleaded not guilty and had sought to dismiss 13 of the 16 counts, calling itself 'a prosecutorial target in search of a crime'. A trial is scheduled for May 4, 2026, and could last several months. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Neither Huawei nor its lawyers immediately responded to requests for comment. A spokesperson for Interim US attorney Joseph Nocella in Brooklyn declined to comment. The criminal case began during US President Donald Trump's first term in 2018, the same year the Department of Justice launched its China Initiative to address Beijing's alleged theft of intellectual property. Huawei chief financial officer Meng Wanzhou, whose father founded the company, had been a defendant, and was detained in Canada for nearly three years before being allowed to return to China. Charges against her were dismissed in 2022. In 2022, president Joe Biden's administration scrapped the China Initiative, after critics said it amounted to racial profiling and caused fear that chilled scientific research. Based in Shenzhen, Huawei operates in more than 170 countries and has about 208,000 employees. The US government has restricted Huawei's access to American technology since 2019, citing national security concerns. Huawei denies it is a threat. REUTERS
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Business Standard
01-07-2025
- Business
- Business Standard
US judge rules Huawei to face criminal charges over tech theft, Iran ties
A US judge on Tuesday rejected Huawei Technologies' bid to dismiss most of a federal indictment accusing the Chinese telecommunications company of trying to steal technology secrets from US rivals, and misleading banks about its work in Iran. In a 52-page decision, US District Judge Ann Donnelly in Brooklyn found sufficient allegations in the 16-count indictment that Huawei engaged in racketeering to expand its brand, stole trade secrets from six companies, and committed bank fraud. The Iran accusations stemmed from Huawei's alleged control of Skycom, a Hong Kong company that did business in that country. Donnelly said prosecutors satisfactorily alleged Skycom "operated as Huawei's Iranian subsidiary and ultimately stood to benefit, in a roundabout way," from more than $100 million of money transfers through the US financial system. Huawei has pleaded not guilty and had sought to dismiss 13 of the 16 counts, calling itself "a prosecutorial target in search of a crime." A trial is scheduled for May 4, 2026, and could last several months. Neither Huawei nor its lawyers immediately responded to requests for comment. A spokesperson for Interim US Attorney Joseph Nocella in Brooklyn declined to comment. The criminal case began during US President Donald Trump's first term in 2018, the same year the Department of Justice launched its China Initiative to address Beijing's alleged theft of intellectual property. Huawei Chief Financial Officer Meng Wanzhou, whose father founded the company, had been a defendant, and was detained in Canada for nearly three years before being allowed to return to China. Charges against her were dismissed in 2022. In 2022, President Joe Biden's administration scrapped the China Initiative, after critics said it amounted to racial profiling and caused fear that chilled scientific research. Based in Shenzhen, Huawei operates in more than 170 countries and has about 208,000 employees. The US government has restricted Huawei's access to American technology since 2019, citing national security concerns. Huawei denies it is a threat.
Indian Express
10-06-2025
- Business
- Indian Express
Huawei chips are one generation behind US but firm finding workarounds, CEO says
Huawei Technologies' chips are one generation behind those of U.S. peers but the firm is finding ways to improve performance through methods such as cluster computing, Chinese state media quoted CEO Ren Zhengfei as saying on Tuesday. The chipmaker invests 180 billion yuan ($25.07 billion) in research annually and sees promise in compound chips – chips made from multiple elements – Ren said in an interview with the People's Daily newspaper of the governing Communist Party. There is 'no need to worry about the chip problem', Ren said, addressing concerns stemming from U.S. export controls. The article, published on the front page of the newspaper, come as top U.S. and Chinese officials are set to resume trade talks for a second day in London where topics such U.S. tech restrictions on China are expected to be discussed. Since 2019, a slew of U.S. export curbs, aimed at curbing China's technological and military advancements, have restricted Huawei and other Chinese firms from accessing high-end chips and the equipment needed to produce them from abroad. Ren's comments are the first ever from him or Huawei about the company's advanced chipmaking efforts, which have become a flashpoint in U.S.-China tensions. Huawei is just one of many Chinese chipmakers, Ren said in the interview, adding: 'The United States has exaggerated Huawei's achievements. Huawei is not that great. We have to work hard to reach their evaluation.' 'Our single chip is still behind the U.S. by a generation. We use mathematics to supplement physics, non-Moore's law to supplement Moore's law and cluster computing to supplement single chips and the results can also achieve practical conditions. Software is not a bottleneck for us,' he said. Cluster computing is when multiple computers work together. Moore's law refers to the speed of chip advancement. Huawei's Ascend series of AI chips compete in China with offerings from Nvidia, the global leader in AI chips. The U.S. commerce department last month said the use of Ascend chips would be a violation of export controls. Nvidia's AI chips are more powerful than Huawei's but the company has been barred by Washington from selling its most sophisticated chips to China, causing it to lose significant market share to Huawei. In April, Huawei launched 'AI CloudMatrix 384', a system that links 384 Ascend 910C chips in a cluster that companies can use to train AI models, which has been described by analysts as able to outperform Nvidia's GB200 NVL72 system on some metrics. Dylan Patel, founder of semiconductor research group SemiAnalysis, said in an article that month that it meant that Huawei and China now had AI system capabilities that could beat Nvidia. Nvidia and the U.S. commerce department did not immediately respond to a request for comment on Ren's remarks. Ren also said about a third of Huawei's annual research spending went to theoretical research while the rest was spent on product research and development. 'Without theory, there will be no breakthroughs, and we will not catch up with the United States.' ($1 = 7.1802 Chinese yuan)
The Hindu
10-06-2025
- Business
- The Hindu
Huawei chips are one generation behind U.S. but firm is finding workarounds, CEO says
Huawei Technologies' chips are one generation behind those of U.S. peers but the firm is finding ways to improve performance through methods such as cluster computing, Chinese state media quoted CEO Ren Zhengfei as saying on Tuesday. The chipmaker invests 180 billion yuan ($25.07 billion) in research annually and sees promise in compound chips - or chips made from multiple elements - Ren said in an interview in the People's Daily newspaper of the governing Communist Party. The public comments are the first from Ren or Huawei about the firm's advanced chip manufacturing efforts. U.S. export controls since 2019 have prevented Huawei from accessing high-end chips and equipment to manufacture them. Huawei has since marketed its Ascend series of artificial intelligence chips which compete in China with offerings from U.S. rival Nvidia, the global leader in AI chips. The U.S. commerce department last month said use of Ascend chips would be a violation of export controls. Huawei is just one of many Chinese chipmakers, Ren said in the interview. "The United States has exaggerated Huawei's achievements. Huawei is not that great. We have to work hard to reach their evaluation," he said. "Our single chip is still behind the U.S. by a generation. We use mathematics to supplement physics, non-Moore's law to supplement Moore's law and cluster computing to supplement single chips and the results can also achieve practical conditions," he said. Cluster computing is when multiple computers work together. Moore's law refers to the speed of chip advancement.
Yahoo
10-06-2025
- Business
- Yahoo
Huawei chips are one generation behind US but firm is finding workarounds, CEO says
BEIJING (Reuters) -Huawei Technologies' chips are one generation behind those of U.S. peers but the firm is finding ways to improve performance through methods such as cluster computing, Chinese state media quoted CEO Ren Zhengfei as saying on Tuesday. The chipmaker invests 180 billion yuan ($25.07 billion) in research annually and sees promise in compound chips - or chips made from multiple elements - Ren said in an interview in the People's Daily newspaper of the governing Communist Party. The public comments are the first from Ren or Huawei about the firm's advanced chip manufacturing efforts. U.S. export controls since 2019 have prevented Huawei from accessing high-end chips and equipment to manufacture them. Huawei has since marketed its Ascend series of artificial intelligence chips which compete in China with offerings from U.S. rival Nvidia, the global leader in AI chips. The U.S. commerce department last month said use of Ascend chips would be a violation of export controls. Huawei is just one of many Chinese chipmakers, Ren said in the interview. "The United States has exaggerated Huawei's achievements. Huawei is not that great. We have to work hard to reach their evaluation," he said. "Our single chip is still behind the U.S. by a generation. We use mathematics to supplement physics, non-Moore's law to supplement Moore's law and cluster computing to supplement single chips and the results can also achieve practical conditions," he said. Cluster computing is when multiple computers work together. Moore's law refers to the speed of chip advancement. ($1 = 7.1802 Chinese yuan renminbi)
