Alphavalue | Europe could be lucky after all to have indices with a minimal technological/IT component. The semiconductor, software, computer and digital media sectors dominated by the US face two paradigm changes. The first was fairly easy to identify, even so it took time to arrive: a certain regulation of the personal data market through anti-monopoly measures. The second disagreeable surprise is Huawei.
J.J.Figares (Link Securities) | As expected, the news that the US Commerce Department has approved a list of companies exempt from the prohibition on technology transfer to Chinese companies, amongst them Huawei, served as a catalyst for western variable income, allowing the main US and European stock markets to recover part of the losses suffered on Monday.
Last night the US Justice Department announced criminal charges against Chinese telecommunications company Huawei. These focus on the theft of intellectual property from the US and evading US sanctions against Iran. Also the US government has launched a ferocious campaign to persuade allies not to adopt Huawei’s 5G mobile phone technology.
Han Wei via Caixin | Apple Inc. is shifting gears and promoting new apps and services to rev up growth in China amid a slump in sales for its expensive devices as local brands nibble at its market share.
BEIJING | By Qin Min via Caixin | Companies like Huawei and Lenovo are using Facebook and sponsorship deals with sports teams to introduce devices to foreigners.