US government officials presented the British government with new evidence on about the risks of including Huawei equipment in future 5G mobile networks
Samsung, the world’s biggest maker of memory chips, has seen earnings drop since late 2018 as a weak global economy curbed spending by data center customers.
The US, fearing Huawei equipment could be used to spy on customers, has led a campaign to convince allies to bar it from their 5G networks. Huawei has repeatedly denied the claim.
5G networks are at the centre of a brewing technology war between United States and China, as they are expected to host critical functions from autonomous vehicles to smart electric grids.