Tech

Original release date: May 21, 2019

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Telecom Italia (TIM) should seek a way to keep control of its fixed-line network if it is merged with smaller infrastructure provider Open Fiber, the former phone monopoly's chief executive said on Tuesday.

Huawei launched its new Honor 20 series smartphones in London on Tuesday in a presentation that emphasized the Chinese company's technology but made no reference of a possible rupture with Google.

Nokia Chief Executive Rajeev Suri said on Tuesday the company could benefit from a U.S. clampdown on Chinese rival Huawei as the race to roll out 5G services heats up.

EU antitrust regulators will decide by June 27 whether to clear U.S. tech giant International Business Machines Corp's $34 billion bid for software company Red Hat.

Nokia Chief Executive Rajeev Suri said on Tuesday that the company had been a little slow in getting 5G technology up and running, citing merging its own technology plans with those of acquired Alcatel-Lucent as a reason.

Vestas on Tuesday launched a wind turbine targeting the U.S. market, aiming to simplify how they are built and cut costs further for the renewable energy source.

The United States has temporarily eased trade restrictions on China's Huawei to minimize disruption for its customers, a move the founder of the world's largest telecoms equipment maker said meant little because it was already prepared for U.S. action.

Radio frequency chipmaker Qorvo on Tuesday joined mobile parts maker Lumentum Holdings Inc in halting shipments to Huawei Technologies, following export restrictions by the United States government.

Chinese telecoms equipment maker Huawei called itself the victim of U.S. "bullying" on Tuesday and said it was working with Google to counter trade restrictions imposed by Washington last week, a senior Huawei executive said.

Washington's blacklisting of technology giant Huawei has taken a toll on U.S. semiconductor shares, but China-listed firms have rallied as investors bet they can gain from Beijing's stepped-up efforts to build a homegrown supply chain.

Finance Minister Bruno Le Maire said a decision by France regarding the 5G telecoms network would be based on security and performance of networks, and added that Paris would not rule out a specific operator as not being welcome.

France will launch the deployment of its 5G network as planned in 2020 despite current difficulties faced by China's Huawei which could push some telecoms operators to modify their source of supply, the telecoms regulator said Tuesday.

Chinese telecoms equipment maker Huawei on Tuesday said it was a victim of bullying by the U.S. administration.

Chinese telecoms equipment maker Huawei is working closely with Google to resolve restrictions imposed by the United States last week, a senior Huawei executive said on Tuesday.

The U.S. Postal Service on Tuesday started a two-week test transporting mail across three Southwestern states using self-driving trucks, a step forward in the effort to commercialize autonomous vehicle technology for hauling freight.

French Finance Minister Bruno Le Maire said a decision by France regarding 5G would be based on security and performance of networks, and Le Maire added that France would not designate any specific operator as not being welcome.

Shares in European semiconductor companies, one of the most sensitive sectors to the global trade tensions, recovered from their worst day in 4-1/2 months on Tuesday after the White House backtracked overnight on tough limits on China's Huawei.

China's Huawei believes Europe will not follow the United States in blacklisting the company because it has been a partner of European telecoms firms for many years, a top Huawei executive told an Italian newspaper.

HSBC Holdings PLC plans to add more than a 1,000 jobs this year at its technology development centers in China, as the Asia-focused lender seeks to bolster its presence in the world's second largest economy.