China Fumes After U.S. Ambassador Claims Huawei Lacks Trustworthiness
Chinese Government Responds to U.S. Ambassador’s Remarks on Huawei The Chinese Communist Party, via its embassy in Panama, expressed discontent regarding recent comments made by U.S. Ambassador Kevin Marino Cabrera. He suggested that Chinese companies, including Huawei, might not be trustworthy. Ambassador Cabrera had an interview with Panama Press, touching on various subjects like the […]
Huawei angers walk-in customers seeking $2.8K tri-foldable phone
The latest smartphones from Huawei and Apple went on sale in China on Friday, but many fans of the Chinese companies were disappointed to find that the coveted $2,800 models – more than twice the price of the iPhone 16 Pro Max – were not available in stores. At Huawei's flagship store in the southern […]
China’s Huawei Secretly Funds Tech Research at American Universities
China’s state-owned electronics giant Huawei is reportedly “secretly funding cutting-edge research at U.S. universities” through a Washington-based nonprofit called the Optica Foundation. Thursday’s Bloomberg News report Said Huawei is the sole funding source for the research competition run by the Optica Foundation, a professional organization that specializes in visible light technologies such as fiber optics […]
Apple iPhone sales in China plummet 24% as Huawei smartphone sales surge
SATORI Fund Senior Portfolio Manager Dan Niles discusses Apple’s outlook for 2024 on The Claman Countdown. Apple’s iPhone sales in China are off to a tough start this year, with sales down 24% from a year ago in the first six weeks, according to a new report from research firm Counterpoint. Analysts said the decline […]