Huawei profit sinks in 2022 amid sanctions, but sales higher
Huawei has reported a nearly 70% fall in profit last year amid sanctions and pandemic challenges, but saw its enterprise sales rise as the Chinese technology giant sought to pivot into digital industries and reduce its vulnerability to U.S. sanctions.
Biden, Trudeau celebrate ‘inseparable’ US-Canada relations
President Joe Biden and Prime Minister Justin Trudeau are celebrating the close, “inseparable” U.S.-Canada relationship and vowing that the two nations remain committed to defending Ukraine as it tries to repel a Russian invasion that has no end in sight.
China's Huawei looks to ports, factories to rebuild sales
As technicians in a distant control room watch on display screens, an automated crane at one of China’s busiest ports moves cargo containers from a Japanese freighter to self-driving trucks in a scene tech giant Huawei sees as its future after American sanctions crushed its global smartphone brand.
EXPLAINER: What drives high-profile disappearances in China
The disappearance of tennis star Peng Shuai in China following her accusations of sexual assault against a former top Communist Party official has shined a spotlight on similar cases involving political dissidents, entertainers, business leaders and others who ran afoul of the authorities.
Huawei executive returns as China releases 2 Canadians
An executive of Chinese global communications giant Huawei Technologies has returned from Canada following a legal settlement that also saw the release of two Canadians held by China, potentially bringing closure to a nearly 3-year-long feud embroiling Ottawa, Beijing and Washington.
Canadian faces spy ruling in China as Huawei decision looms
A Canadian entrepreneur who was charged with spying after his government arrested an executive of Chinese tech giant Huawei faces a possible verdict as Beijing steps up pressure on Canada ahead of a court ruling on whether to hand over the executive to face U.S. criminal charges.
Huawei, HSBC agree on document deal for extradition case
Chinese telecommunications equipment firm Huawei says it has reached an agreement with HSBC in Hong Kong to obtain documents that its chief financial office Meng Wanzhou hopes will help prevent her extradition to the U.S. Meng, who was detained in Canada in 2018 at the behest of U.S. authorities, has been fighting a legal battle over the last two years as the U.S. seeks to extradite her over bank fraud and allegations that Huawei violated sanctions on Iran.
China's Huawei says 2020 sales rose despite US sanctions
Hu expressed confidence global sales will rebound once the coronavirus pandemic is brought under control. Huawei said 2020 profit edged up 3.2% to 64.6 billion yuan ($9.8 billion), decelerating from 2019’s 5.6% growth. AdSales of smartphones and other consumer products rose 3.3% over 2019 to 487 billion yuan ($74.1 billion), or 54% of total revenue. Research and development spending, already among the highest for any company, rose to 141.9 billion yuan ($21.6 billion), according to Huawei. As more people worked remotely, technology sales to manufacturers, health care and other businesses jumped 23% in 2020 to 103.4 billion yuan ($15.4 billion), up from 2019’s 8.6% gain.
2nd Canadian goes on trial in China on spying charges
Jim Nickel, center, the deputy chief of mission for the Canadian Embassy in China, and foreign diplomats gather outside the No. 2 Intermediate People's Court as they arrive to attend former diplomat Michael Kovrig's trial in Beijing, Monday, Sept 22, 2021. Canadian diplomats have been refused access to the trials and been told hearings would be held behind closed doors because of alleged national security concerns. He's been arbitrarily detained and now we see that the court process itself is not transparent," Nickel told reporters earlier in the day. Canadian Prime Minister Justin Trudeau blasted Beijing for holding the trial “in secret” without access for consular officials.
Canadian tried in China on spy charges, no verdict announced
(AP Photo/Ken Moritsugu)DANDONG – China on Friday put on trial one of two Canadians held for more than two years in apparent retaliation for Canada’s arrest of a senior Chinese telecom executive. Canada said its consular officials were refused permission to attend the proceedings against Michael Spavor, who is accused by China of stealing state secrets. Jim Nickel, the Canadian Embassy’s deputy chief of mission, said the hearing ended at noon Friday after two hours. International and bilateral treaties required that China provide Canadian diplomats access to the trial, but the court said Chinese law regarding trials on state security charges overrode such obligations, Nickel said. Prosecutors have not released details of the charges and national security cases are routinely held behind closed doors.
Newspaper: China to soon try 2 Canadians on spying charges
FILE - In this file image made from March 28, 2018, video, Michael Kovrig, an adviser with the International Crisis Group, a Brussels-based non-governmental organization, speaks during an interview in Hong Kong. A Communist Party newspaper says China will soon begin trials for two Canadians, Kovrig and Michael Spavor, who were arrested in December 2018 in apparent retaliation for Canadas detention of a senior executive for Chinese communications giant Huawei Technologies. (AP Photo, File)BEIJING – A Communist Party newspaper says China will soon begin trials for two Canadians who were arrested two years ago in apparent retaliation for Canada’s detention of a senior executive for Chinese communications giant Huawei Technologies. The Global Times said Michael Kovrig and Michael Spavor “will soon be tried" after they were charged with “crimes undermining China’s national security” in June 2020. Hearings have been delayed because of COVID-19 prevention measures but the court will “push forward the trial soon," the newspaper said.
More policy, less pomp as Biden and Trudeau meet virtually
President Joe Biden holds a virtual bilateral meeting with Canadian Prime Minister Justin Trudeau, in the Roosevelt Room of the White House, Tuesday, Feb. 23, 2021, in Washington. “The United States has no closer friend, no closer friend, than Canada,” Biden said. The prime minister, who had a frosty relationship with Trump at times, worked in a jab at Trump as he praised Biden. AdBut with both leaders stressing caution to their citizens, Biden and Trudeau set aside the typical protocol in favor of talks by video conference. U.S. presidents traditionally invite the Canadian prime minister for their first meeting with a world leader.
China hits Canada for statement against arbitrary detention
China lashed out at Canada on Thursday, Feb. 18, 2021 for joining the U.S. and 56 other countries in endorsing a declaration denouncing state-sponsored arbitrary detention of foreign citizens for political purposes. (AP Photo/Mark Schiefelbein, File)BEIJING – China lashed out at Canada on Thursday for joining the U.S. and 56 other countries in endorsing a declaration denouncing state-sponsored arbitrary detention of foreign citizens for political purposes. Ad“Canada’s so-called declaration looks more like a confession in which the Canadian side admits its mistake in the Meng Wanzhou case," Hua said. China says it has charged Kovrig and Spavor with endangering national security, but little is known about the accusations. In detention, they have been allowed only occasional visits from Canadian diplomats while Meng resides in one of her Vancouver mansions under a loose form of house arrest.
Huawei takes HSBC to UK court for docs in extradition fight
FILE - In this Thursday, May 16, 2019 file photo, a man is silhouetted near the Huawei logo in Beijing. Huawei took U.K. bank HSBC to court on Friday, Feb. 12, 2021 seeking documents the Chinese company says are key to its legal efforts to stop its chief financial officer from being extradited to the U.S. from Canada. Huawei applied at the U.K. High Court for records it believes will show Chief Financial Officer Meng Wanzhou didn't mislead the bank about evading sanctions on Iran, as U.S. authorities allege. The legal request further complicates the geopolitical battle over Meng's case. The U.S. government accuses Huawei of using a Hong Kong shell company called Skycom to sell telecommunications equipment to Iran.
China not convinced by Canada's Wu-Tang Clan explanation
(John Shearer/Invision via AP)BEIJING – A ruckus brought by China over Canadian T-shirts bearing an altered logo of the New York hip-hop group Wu-Tang Clan continued Wednesday, with China’s Foreign Ministry saying it didn’t buy Canada’s explanation that the shirts were not an insult linked to the coronavirus. Canada's Foreign Ministry said this week that the shirts using the “W” logo of the Wu-Tang Clan but with the group’s name replaced with “Wuhan” was not intended as a slight. The Chinese-made T-shirts were reportedly ordered last summer by someone at the Canadian Embassy in Beijing and word of them began circulating recently on the internet in China. China says her case is politically motivated as part of a U.S. effort to stifle the nation’s global economic expansion. In apparent retaliation, China detained former Canadian diplomat Michael Kovrig and Canadian entrepreneur Michael Spavor, placed restrictions on various Canadian exports to China, and sentenced a convicted Canadian drug smuggler to death in a sudden retrial.
Wu-Tang Clan or Wuhan? T-shirt ignites new China-Canada tiff
In this Nov. 12, 2018, file photo, flags of Canada and China are placed for the first China-Canada economic and financial strategy dialogue in Beijing, China. China says it has lodged a formal complaint with Canada over T-shirts ordered by one of the countrys Beijing Embassy staff that allegedly mocked Chinas response to the coronavirus outbreak. But Canadian media reported the logo was a W in homage to the New York hip-hop group the Wu-Tang Clan and that Ottawa had apologized for any misunderstanding. The T-shirts were reportedly ordered last summer and it wasn't clear if any were still in circulation. China says her case is politically motivated as part of a U.S. effort to stifle the nation's global economic expansion.
Harris speaks with Trudeau in first foreign leader call
Vice President Kamala Harris speaks after receiving her second dose of the COVID-19 vaccine at the National Institutes of Health, Tuesday, Jan. 26, 2021, in Bethesda, Md. (AP Photo/Patrick Semansky)WASHINGTON – Vice President Kamala Harris spoke with Canadian Prime Minister Justin Trudeau on Monday, marking her first call to a foreign leader since entering the White House. The detained Canadians are a top priority for Trudeau, and Canada has pushed Washington to apply pressure on Beijing to release them. AdA senior official familiar with the call said Harris proactively brought up the two detained Canadians herself — something that was appreciated by Trudeau and Canadian officials. Canada has traditionally been the first foreign stop for new U.S. presidents, and Biden's first call to a foreign leader was to Trudeau, made the Friday after he was sworn in.
Lawyer for Huawei CFO says US evidence misleading
It says Meng, 48, committed fraud by misleading the HSBC bank about the company’s business dealings in Iran. In making its case the U.S. accuses Meng of failing to inform HSBC during the presentation that Huawei controls Skycom. But if the full presentation is viewed, Meng said Huawei had a “normal and controllable” relationship with Skycom. In apparent retaliation, China detained former Canadian diplomat Michael Kovrig and Canadian entrepreneur Michael Spavor. The extradition case could take years
Huawei CFO case back in Canadian court on Monday
Canada arrested Meng Wanzhou, the daughter of Huawei’s founder and the company’s chief financial officer, at Vancouver’s airport in late 2018. Meng’s defense also believes her arrest was politically motivated and will point to past comments made by U.S. President Donald Trump. If Supreme Court Associate Chief Justice Heather Holmes rules in Meng’s favor it could end the extradition hearing, Botting said. In apparent retaliation, China detained former Canadian diplomat Michael Kovrig and Canadian entrepreneur Michael Spavor. China has also placed restrictions on various Canadian exports to China, including canola oil seed.
China firm over detention of 2 Canadians after FMs meet
FILE - In this March 28, 2018, file image made from video, Michael Kovrig, an adviser with the International Crisis Group, a Brussels-based non-governmental organization, speaks during an interview in Hong Kong. China said Wednesday, Aug. 26, 2020, it remains firm in its insistence that Canada make the first move to end the detention of two Canadians, following a meeting of the two countries' foreign ministers. (AP Photo, File)BEIJING China said Wednesday it remains firm in its insistence that Canada make the first move to end the detention of two Canadians, following a meeting of the two countries' foreign ministers. Since her detention, China has also sentenced four Canadians convicted on drug charges to death, an unusually high number for foreign suspects held in China. The offering of Meng Wanzhou in exchange for Kovrig and Spavor is the only answer," Pardy wrote in the opinion piece.
Huawei posts 13.1% revenue growth amid pandemic, sanctions
China on Wednesday demanded Washington stop "oppressing Chinese companies" after U.S. regulators declared telecom equipment suppliers Huawei and ZTE to be national security threats. (AP Photo/Mark Schiefelbein)HONG KONG Huawei Technologies reported Tuesday that its revenue grew 13.1% in the first half of the year compared with a year earlier, despite sanctions from the U.S and challenges from the coronavirus pandemic. Revenue rose to 454 billion yuan ($64.9 billion) in January-June compared to 401.3 billion yuan during the same period last year. In May last year, Washington put Huawei on a blacklist that forbids U.S. companies from doing business with it without permission from the government. The U.S. has also been applying pressure on countries to exclude Huawei from upcoming, ultrafast 5G mobile networks.
China to Canada PM: Stop 'irresponsible remarks' on spy case
China told Prime Minister Justin Trudeau on Monday, June 22, 2020 to stop making irresponsible remarks after he said Beijing's decision to charge two Canadians with spying was linked to his country's arrest of a Chinese tech executive. (AP Photo, File)BEIJING China told Prime Minister Justin Trudeau on Monday to stop making irresponsible remarks after he said Beijing's decision to charge two Canadians with spying was linked to his country's arrest of a Chinese tech executive. The spying charges are completely different from the case of Huawei executive Meng Wanzhou, a foreign ministry spokesman said. Trudeau, speaking to reporters in Ottawa, said Chinese authorities directly linked the cases of Kovrig and Spavor with Meng. China urges the relevant Canadian leader to earnestly respect the spirit of the rule of law, respect Chinas judicial sovereignty and stop making irresponsible remarks," Zhao said.
Bell, Telus give 5G contracts to Europeans, Huawei shut out
The announcement expanded a U.S. campaign against Chinese companies Washington says might be security threats or involved in human rights abuses. Beijing criticized curbs imposed earlier on tech giant Huawei and other Chinese companies but has yet to say whether it will retaliate. The U.S. has urged Canada to exclude Huawei equipment from their next-generation wireless networks as they claim Huawei is legally beholden to the Chinese regime. We look forward to the federal government completing its 5G review and making an evidence-based decision about Huaweis role in helping build Canadas next-generation wireless networks, Huawei spokesman Alykhan Velshi said in an email. The Canadian government is studying the use of Huawei as Canada and China are locked in a political dispute.
China warns US of 'all necessary measures' over Huawei rules
BEIJING Chinas commerce ministry says it will take all necessary measures in response to new U.S. restrictions on Chinese tech giant Huaweis ability to use American technology, calling the measures an abuse of state power and a violation of market principles. China will take all necessary measures to resolutely safeguard the legitimate rights and interests of Chinese enterprises, it said. Under the new rules, foreign semiconductor makers who use American technology must obtain a U.S. license to ship Huawei-designed semiconductors to the Chinese company. U.S. Commerce Secretary Wilbur Ross said Friday that Washington wants to prevent Huawei from evading sanctions imposed earlier on its use of American technology to design and produce semiconductors abroad. American officials say Huawei is a security risk, which the company denies.