Huawei: No talks with Apple on 5G chipsets

Credit: WorldNews- Published on April 16, 2019
Reuters SHENZHEN, China (Reuters) — Huawei Technologies, one of the world’s biggest smartphone makers, has not had talks with Apple Inc. about supplying it with 5G chipsets, Rotating Chairman Ken Hu said Tuesday. Hu made the remark at the company’s annual global analyst summit at its headquarters in Shenzhen in southern...

Credit: The Street
Published on April 15, 2019 -  01:09
Why Jim Cramer Doesn't Think That Apple Will Buy Huawei's Chips
China's Huawei Technologies said it was open to the idea of selling cutting-edge 5G chips to Apple , according to a report from CNBC. Huawei, which is the world's largest manufacturer of networking gadgets, is a leader in 5G or so-called fifth generation smartphone technology, wrote TheStreet's Simon Constable. "We are open to Apple in this regard," said Huawei founder and CEO Ren Zhengfei, in an interview with CNBC. Here's what Jim Cramer had to say about the news: I think Apple has to be suspicious of the president wants 5G, but the president doesn't want 5G from Huawei. Now he did say that he's great friends with Huawei and we had a really good interview with CNBC, where I asked the reporter, just say, could you please ask him about a possible boycott of Huawei stuff. He said, no, the president remains friends Huawei that's never going to happen. We need Huawei because it generates jobs, Huawei cause it offers great value. So, on the one hand you don't want to antagonize the president, who's talking about the Dow going up five thousand to ten thousand. On another hand, you could see Huawei takes share. Nokia was downgraded by Goldman to a sell, because Huawei is more competitive. So I guess Huawei is the cheapest, some people think it's very good quality, but it is not what the president wants to see. But, at the same time, the head of Huawei is saying the president likes them. It's a very convoluted situation. I don't see Apple switching to them anytime soon. Related. Apple Short is My Trade of the Week

You are here

Recent related videos from verified sources

How Australian intelligence increased Huawei's woes 03:12
Credit: Reuters Studio - Published 11 hours ago 

Huawei’s CEO admits to buying Apple iPhones 00:32
Credit: Rumble - Published 18 hours ago 

Huawei’s CEO Admits To Buying Apple iPhones 00:32
Credit: Wochit - Published 19 hours ago 

How Australian intellgence grew Huawei's woes 03:12
Credit: Reuters Studio - Published 2 days ago 

Liam Fox: Government will come Huawei 5G decision 'shortly' 00:26
Credit: ODN - Published 3 days ago 

Jim Cramer's Thoughts About the Trade Talks, Tesla, and Qualcomm 13:02
Credit: The Street - Published 3 days ago 

After Huawei Blow, China Says U.S. Must Show Sincerity For Talks 00:54
Credit: Wochit News - Published 6 days ago 

Huawei: U.S. Ban Will Hurt American Jobs 04:38
Credit: Cheddar Inc. - Published 6 days ago 

Pompeo warns Britain over China and Huawei 00:58
Credit: Reuters Studio - Published 2 weeks ago 

Western Allies Agree To 5G Security Guidelines, Citing Vendors Subject To State Influence 00:55
Credit: Wochit News - Published 3 weeks ago 

Philip Hammond to investigate how Huawei information leaked 00:34
Credit: PA - Press Association STUDIO - Published on April 26, 2019 

UK to allow limited 5G access to Huawei despite concerns 02:37
Credit: Al Jazeera STUDIO - Published on April 25, 2019 

UK okays use of Huawei for 'non-core' 5G network tech 02:17
Credit: TomoNews US - Published on April 25, 2019 

Huawei Says It Has Launched World's First 5G Auto Hardware 00:47
Credit: Wochit - Published on April 22, 2019 

Huawei Promises $600 5G Smartphone — Half The Price Of Its Rivals 00:39
Credit: Wochit - Published on April 18, 2019 

You might like