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China

Huawei’s Profit Decline in Q3 Draws Focus on TSMC Chips in Products

On Thursday (31st), Huawei announced that although its revenue for the first three quarters grew nearly 30%, its profit declined. Huawei’s founder, Ren Zhengfei, said that Huawei is still struggling. Recently, it was revealed that Taiwan's TSMC chips appeared in Huawei products subject to sancti

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"Living Off the Military-Industrial Complex": How Many Military Industry Rats Are There?

China

On the 24th of last month, Xinhua News Agency published an article titled, "Prosecutor's Office Decides to Arrest He Wenzhong," announcing that the Supreme People's Procuratorate had authorized the arrest of He Wenzhong, former Party Committee member and deputy general manager of China Electronics Technology Group Corporation (CETC), by the Hebei Provincial Procuratorate....

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