Huawei

Huawei’s $2,800 phone launch disappoints amid supply concerns

Huawei and Apple's latest smartphones went on sale in China on Friday, with many fans of the Chinese company disappointed that its much-anticipated $2,800 phone - more than twice the price of the iPhone 16 Pro Max - was not available for walk-in customers. At Huawei's flagship shop in the southern Chinese city of Shenzhen, some who described themselves as Huawei "super fans" were annoyed after being told only those whose pre-orders had been confirmed could buy the new, tri-foldable Mate XT. "I...

June 19, 2024 3:58 PM

US pushing Netherlands, Japan to restrict more chipmaking equipment to China, source says

A U.S. official was headed to Japan after meeting with the Dutch government in an effort to push allies to further crack down on China's ability to produce cutting-edge semiconductors, a person familiar with the matter told Reuters on Tuesday. Alan Estevez, the U.S. export policy chief, was again trying to build on a 2023 agreement between the three countries to keep chipmaking equipment from China that could modernize its military. The U.S. first imposed sweeping restrictions in 2022 on shipm...