Huawei CFO Meng Wanzhou was released on Friday and allowed to return to China after reaching deals with the U.S.
Chinese technology giant Xiaomi saw its shares climb by 7% on Monday after a US court granted a preliminary injunction against a pending government ban.
Federal judge Carl Nichols blocked the Trump administration’s order to ban the download of TikTok in the U.S. on Sunday, less than four hours before the order was to take effect.
A court in Vancouver ruled on Wednesday that US prosecutors had satisfied an essential legal requirement needed to continue the extradition case of Meng Wanzhou.
Huawei’s USA subsidiary, Huawei Technologies USA Inc., has dropped a lawsuit it filed back in June against the US Commerce Department and several other US government agencies.
American retail giant Costco is deepening its foothold in the Chinese market with the opening of its first store in Minhang, Shanghai.
According to The Information, right before The US President Donald Trump pulled the plug on Huawei, restricting its access to American tech suppliers, the Chinese company was actively involved in developing a smart speaker in conjunction with Google.
According to the Verge, Huawei is planning to lay off hundreds of American employees. The company has been embroiled in controversy ever since it was incorporated into the “entity list” by the U.S. Department of Commerce.
Sony, Microsoft, and Nintendo have written a joint letter to the Trump administration, warning the government that its impending tariffs on Chinese goods will dramatically harm the video game industry and its employees.
The Washington Post has reported that, three Chinese banks may have refused to comply with a U.S. subpoena regarding laundering money to the North Korean state-run Foreign Trade Bank.
Reuters has reported that Huawei’s U.S.-based research arm has attempted to distance itself from its parent company following the U.S. government’s blacklisting of Huawei Technologies Co Ltd.
Marco Rubio, U.S. Senator (R-FL), filed legislation on Monday that would prevent Huawei Technologies Co Ltd from seeking damages in U.S. patent courts.
As the trade conflict between China and the United States escalates, there are signals that China might restrict the export of rare earth minerals to the U.S.
May 15, The US President Donald Trump declared a national emergency over threats against American technologies, the White House stated. The executive order aims to "protect America from foreign adversaries who are actively and increasingly creating and exploiting vulnerabilities in information and communications technology infrastructure and services".
Huawei's CFO Meng Wanzhou appeared on May 8 in a Canadian court for a pre-extradition hearing on financial fraud charges linked to Iran sanctions violations. The trial was ordered to set a timetable for Meng's upcoming extradition hearing, and her lawyers appealed for stay of proceedings based on three arguments.