Huawei Technologies Co. Ltd.’s CEO Ren Zhengfei announced that the company will move its research division to Canada from the United States.
Speaking in an interview for the Canadian newspaper The Globe and Mail, Huawei’s CEO added that he aims to build new factories in Europe in order to produce 5G equipment.
Ren’s daughter and Huawei CFO Meng Wanzhou is under house arrest in Vancouver, Canada, over alleged violations of Washington’s sanctions against Iran and is awaiting extradition to the US.
Read more news on oursite:
UK news UK companies news Sterling pound news EU news EU companies news Euro news US news US companies news US Dollar news Japanese Yen news Chinese Yuan news Trading EU Shares Commodities news Crytocurrency news Major Currency Pairs Update fonecable中文版(简) fonecable中文版(繁) fonecable日文版 and more…
- NEWS: More on that Oxford coronavirus vaccine – ‘double protection’ July 16, 2020 at 04:27AM
- NEWS: NZD traders – RBNZ core inflation data published now, +1.8% y/y in Q2 July 16, 2020 at 04:01AM
- NEWS: ForexLive Asia FX news wrap: Today’s vaccine report had little impact July 16, 2020 at 03:56AM
- AUD/USD, ASX 200 Plunge as Jobless Rate Surges to 22-Year High
- Dollar Up Over Dimming Vaccine Hopes And Simmering U.S.-China Tensions
Top Posts & Pages
- US Dollar Forecast: Testing Major Channel Support - Levels for DXY Index
- NEWS: Pres. Trump: Has completed overall of infrastructure approval process July 15, 2020 at 08:48PM
- NEWS: Australian employment change +210.8(expected +100K) & Unemployment 7.4% (exp. 7.3%) July 16, 2020 at 02:30AM
- NEWS: BOJ as expected, no change to monetary policy July 15, 2020 at 03:57AM
- NEWS: WTI crude oil futures settle at $41.20 July 15, 2020 at 07:40PM
- NEWS: Risk on pushing AUDUSD higher, but mind the gap July 15, 2020 at 09:53AM
- NEWS: AUDUSD tries to stay above the old ceiling July 15, 2020 at 07:19PM
- NEWS: Be aware: USDCAD gets closer to key 200 day MA July 15, 2020 at 05:37PM
- NEWS: Here are 3 positives and 3 risks for the US stock market investors should put more focus on July 15, 2020 at 04:35AM
- NEWS: Dollar eases further as risk rally extends on vaccine news July 15, 2020 at 12:15PM
Read more – fonecable: Huawei to move research from US to Canada … TELETRADER