SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  For example, here is how to disable FireFox ad content blocking while on Silicon Investor.

   Technology StocksQualcomm Moderated Thread - please read rules before posting


Previous 10 Next 10 
From: Bill Wolf6/17/2019 7:35:07 AM
   of 161372
 
Huawei has a lot of ammunition for a patent fight
The Chinese company has started a battle with Verizon over patents. Susan Decker of Bloomberg points out that it has many more arrows in that quiver to fight back against U.S. efforts to squash its business.
Huawei has 56,492 active patents worldwide, according to the research firm AcclaimIP. They cover telecom, networking and other high-tech areas. Last year alone, Huawei received 1,680 U.S. patents.
And the company is showing more willingness to use them as weapons. It has already pressed Verizon to pay licensing fees for equipment that the Chinese company says infringes on 238 of its patents. (Though Verizon doesn’t use Huawei equipment itself, some of its vendors do.)
Huawei has a lot of incentive to fight back. Restrictions imposed by the Trump administration are expected to take a significant toll on its business: It’s reportedly preparing for a drop in global smartphone sales of as much as 60 million units, according to Bloomberg.
More: Huawei could build a decent phone without U.S. components — but for now, it can’t create a great one.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Bill Wolf who wrote (158579)6/17/2019 7:42:10 AM
From: Bill Wolf
   of 161372
 
Huawei slashes revenue forecast amid continued US pressure
Published 3 hours ago
Arjun Kharpal
@ArjunKharpal

Key Points

Huawei CEO and founder Ren Zhengfei said the company’s revenue will be about $100 billion for 2019 and 2020.

Ren said that Huawei will reduce its production capacity which will equate to a $30 billion hit to revenue versus its forecasts.

He also said that over the next two years, Huawei will “do a lot of switch over of different product versions,” but did not specify if it meant finding replacements for American components.

“We are strong, I think there is no way we can be beaten to death,” he added.

.
.
.
“In the next two years, I think we will reduce our capacity, our revenue will be down by about $30 billion dollars compared to forecasts, so our sales revenue due this year and next will be about $100 billion,” Ren Zhengfei, founder of the telecoms equipment giant said, adding that the firm will regain its “growth momentum” after 2020.

cnbc.com

Huawei Expects $30 Billion Revenue Hit From U.S. Clampdown
It is the first time the Chinese tech giant has quantified the potential impact of American actions against it
By Dan Strumpf
June 17, 2019 6:12 a.m. ET

The U.S. campaign against Huawei Technologies Co. is taking a toll, with the company’s founder forecasting a hit to revenue of about $30 billion over the next two years.

Ren Zhengfei said he expects revenue of about $100 billion for Huawei in 2019, a decline from last year’s roughly $107 billion, following lower-than-expected growth in the wake of a U.S. export blacklisting and other actions against the Chinese technology giant. Mr. Ren had earlier targeted 2019 revenue to come in around $125 billion. The privately held company selectively discloses its finances, though it publishes an audited annual report.

Huawei, the world’s largest maker of networking equipment and the No. 2 maker of smartphones, is reeling following a Commerce Department entity listing last month that restricts the ability of suppliers to sell it American technology. Huawei procured $11 billion worth of U.S. technology last year out of a total procurement budget of $70 billion, according to the company.

Mr. Ren’s comments provide the first window into how the blacklisting is weighing on the company’s financial outlook. Huawei has grown sharply over the years, as it made quick inroads into networking equipment and smartphones, with revenue growing 20% to more than $100 billion last year. In the first quarter it surpassed Apple Inc. to become the second-largest maker of smartphones, behind only Samsung Electronics Co.

The company was poised to capitalize heavily on investment in forthcoming 5G wireless technology, which is set to roll out in countries around the world in the next few years. But before the trade blacklisting, Washington had been pushing allies to avoid using its 5G gear because of fears it could be used by Beijing to spy or disrupt communications networks. Huawei has long denied that, and Mr. Ren has said he would refuse any order to spy on customers.

Mr. Ren made the remarks at a roundtable event titled “Coffee with Ren,” at the company’s Shenzhen headquarters, the latest in a public-relations push by the formerly reclusive founder. On the panel were also two Americans, the investor George Gilder and the former Massachusetts Institute of Technology professor Nicholas Negroponte.

Last week, The Wall Street Journal reported that the company is delaying the release of its $2,600 foldable Mate X smartphone to September from a previously expected launch of June, due in part to the need to improve the screen. Problems with the screen on Samsung’s Galaxy Fold smartphone led the company to postpone that device’s launch earlier this year. Huawei also shelved the launch of a laptop, its first device to be pulled since the ban.

Huawei’s U.S. customers are also taking a hit. Last week, U.S.-based chip giant Broadcom Inc. said its revenue will be $2 billion less than expected due to the restrictions on supplying Huawei.

Separately, Mr. Ren said the company doesn’t foresee any future business spinoffs or sales following the announcement earlier this month that it would sell its stake in its undersea-cable business, Huawei Marine Systems Co. He said the decision to sell the stake was made long ago and wasn’t related to recent U.S. actions.

“It’s not a decision we made recently,” he said.

Write to Dan Strumpf at daniel.strumpf@wsj.com

youtube.com

Share RecommendKeepReplyMark as Last Read


From: Bill Wolf6/17/2019 8:05:35 AM
   of 161372
 
Tech leaders and founders

Huawei CEO says he did not expect such a ferocious, large-scale US attack on the Chinese telecoms giant

The Chinese company is unlikely to see much revenue growth with total sales expected to remain at around the US$100 billion level in 2019 and 2020

Li Tao

Published: 3:54pm, 17 Jun, 2019

Updated: 6:07pm, 17 Jun, 2019

Ren Zhengfei, founder and chief executive of Huawei Technologies, said he had not expected such a ferocious US attack on the company and that the move to add the world’s largest telecommunications equipment vendor to a US trade blacklist was expected to wipe out US$30 billion of sales growth.

Acknowledging for the first time the likely impact on Huawei of US action, Ren said on Monday that total revenue was now expected to remain stagnant at around the US$100 billion level in 2019 and 2020. He also said overseas smartphone sales had dropped 40 per cent, without specifying the time period.

“We did not expect that the US would attack us with such determination and on such a large scale,” he said during a panel discussion at the company’s headquarters in Shenzhen. “We made some preparations, such as for the core business part, but we have been unable to protect some of the secondary parts [of our business].”


scmp.com

Big Tech

Huawei wins half of China Mobile’s 5G network contracts while Ericsson picks up a third

On June 6, China granted commercial 5G licences to the country’s three telecommunications network operators and the nation’s cable network giant

Li Tao

Published: 11:22am, 17 Jun, 2019

Updated: 6:10pm, 17 Jun, 2019

China’s largest telecommunications operator China Mobile has awarded half of its 5G network equipment contracts to Huawei Technologies, in a boon for the Chinese telecoms giant after being squeezed in overseas markets by a US decision to add it to a trade blacklist.
.
.
.
The award of the 5G licences came after the US government put Huawei on a trade blacklist last month, which has severed the Shenzhen-based company’s access to American hi-tech suppliers, including semiconductor firms Qualcomm and Intel as well as software providers Google and Microsoft.

“Huawei is fully prepared” for the roll-out of commercial 5G networks in China, the company said in a statement after China granted the 5G licences.


scmp.com

Big Tech

Huawei’s Richard Yu may have the toughest job in the tech world - taking on Apple without Android

Yu’s career success in Europe earned him a place on the company board, the small 17-person circle that has the final say on Huawei’s entire business

Despite a stellar career, Yu’s off-the-cuff remarks have also brought him some trouble over the years

Li Tao

Published: 7:30am, 16 Jun, 2019

scmp.com

Diplomacy

China’s top economic planner refuses to rule out playing rare earths card against US

The National Development and Reform Commission has again hinted that it may block America’s access to the strategic resources as the trade war drags on

China produces 90 per cent of world’s rare earths and has warned it will not allow them to be used to ‘curb country’s development’

Sarah Zheng

Published: 7:37pm, 17 Jun, 2019

Updated: 7:37pm, 17 Jun, 2019

scmp.com

Diplomacy

Lessons from an old trade war: China can learn from the Japan experience

In the last half of the 20th century US worries about a rising Japan led to tariffs and technology mistrust

Differences in the Chinese experience may predict a different outcome

Wendy Wu

Published: 12:00am, 16 Jun, 2019

Updated: 12:00am, 16 Jun, 2019

scmp.com

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


From: Bill Wolf6/17/2019 8:17:04 AM
   of 161372
 
Redmi K20 is first to feature Qualcomm’s new Golden Ears-tuned Aqstic WCD937x series
By Habeeb Onawole -
Jun 17, 2019

Last week, Qualcomm announced it has a brand new audio codec. The Qualcomm Aqstic WCD937x family is the latest codec designed for smartphones so users can listen to music and movie audio just as the producers intended. Qualcomm says the new codec is special as it was developed in collaboration with a group of people referred to as “Golden Ears”.

gizmochina.com

Huawei patents a new foldable smartphone design
By Jeet -
Jun 17, 2019

Earlier this year, during the Mobile World Congress 2019 in Barcelona, Huawei announced its first foldable 5G smartphone — Huawei Mate X. The phone was expected to go on sale later this month, but the launch has been postponed till September to avoid a fate similar to the Samsung Galaxy Fold.



gizmochina.com

Share RecommendKeepReplyMark as Last Read


From: Bill Wolf6/17/2019 8:23:31 AM
   of 161372
 
5G's Future Could Literally Be Full of Hot Air... And Drones
Mike Dano, Editorial Director, 5G & Mobile Strategies
6/17/2019

Today's initial 5G networks almost exclusively rely on traditional wireless equipment installed on regular old macro cell towers and, in some cases, small cells.

Boring, right?

Well, a small but growing number of startups hope to eventually make the deployment of 5G much more interesting by replacing boring old cell towers with all kinds of airborne objects, ranging from tethered balloons to blimps. Indeed, if such companies have their way, 5G in the future might well live mostly in the clouds rather than down here with the rest of us on the ground.

So far, here in the US, there are two main startups working to push the idea of airborne 5G basestations, arguing such technologies are cheaper, easier and quicker to deploy in rural areas -- and cover much more territory -- than traditional cell towers.

lightreading.com

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


From: Bill Wolf6/17/2019 8:28:41 AM
   of 161372
 
Alleged Qualcomm Snapdragon 865 Details Leak For 2020 Flagship Phones

Right now the chipset that reins sumpreme in the high-end flagship smartphone performance department is Qualcomm's Snapdragon 855 SoC. Despite that chip still being quite new, there are already rumors of a next-gen chip coming that will bring even more performance to the table of course, as well as additional Qualcomm-powered 5G capabilities. We have reported on the existing of the rumored Snapdragon 865 before, but today some new rumors have just turned up.

hothardware.com

Share RecommendKeepReplyMark as Last Read


From: sbfm6/17/2019 11:14:03 AM
2 Recommendations   of 161372
 
Apple will release two iPhones with 5G in 2020, top analyst says - cnbc.com

"The note says Apple is building its own 5G chip that will be ready for later iPhones in 2022 or 2023 and that "the content of Apple and Qualcomm's previous settlement includes Qualcomm's release of partly 5G baseband chip source code to Apple for Apple's development of [its] own 5G technologies."


So, senior management got a big bonus, and APPL got part of 5G source code.

Share RecommendKeepReplyMark as Last ReadRead Replies (2)


To: sbfm who wrote (158585)6/17/2019 1:08:45 PM
From: Art Bechhoefer
1 Recommendation   of 161372
 
That's the kind of trade that put the Yankees in the cellar.

Art

Share RecommendKeepReplyMark as Last Read


To: Bill Wolf who wrote (158583)6/17/2019 1:38:03 PM
From: Jamie153
   of 161372
 
A 5G airborne base station sounds similar to Google's airborne solar cells (test). Interesting idea since the wind is constant if you go high enough but I don't think it's practical. Wouldn't the tether be subjected to hurricanes, tornadoes, winter storms and ice, etc. and be very unreliable?

A satellite is better.

Share RecommendKeepReplyMark as Last Read


To: sbfm who wrote (158585)6/17/2019 1:46:02 PM
From: TroubleT
7 Recommendations   of 161372
 
There's no way in hell that Qualcomm would have agreed to provide un-encrypted 5G baseband modem IP source code to Apple. If true then they don't need to buy Intel mobile at all. The notion of accelerating your frenemy and giving them ammo to shoot yourself 2 years later is simply absurd.

This Koh analyst should stick to leaking his usual iphone phone details and quit pretending to be a communications industry expert.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)
Previous 10 Next 10