The U.S.-based research arm of China's Huawei Technologies Co Ltd - Futurewei Technologies Inc - announced worker layoffs on Monday, according to ...
SANTA CLARA, Calif.: The U.S.-based research arm of China's Huawei Technologies Co Ltd: Futurewei Technologies Inc: announced worker layoffs on Monday, according to two Futurewei employees.
The layoffs come about two months after the U.S. government put Huawei on a trade blacklist, making it illegal for its U.S. subsidiary to transfer sensitive technologies to its parent. The blacklist also restricts Huawei from purchasing products from U.S. technology companies.Futurewei was set up in part to work closely with U.S. universities and researchers.
One employee said the layoff target was to remove 70per cent of the 850 Futurewei workers. That employee said a layoff list had been sent from Huawei's headquarters in China, and aimed to eliminate any open source projects, projects related to near-term Huawei products, and any research and development in critical technology.Huawei declined to comment.Huawei is among the world's largest telecommunications equipment manufacturers. The U.S.
Futurewei has offices in Silicon Valley and the greater Seattle, Chicago and Dallas areas. Futurewei has filed more than 2,100 patents in such areas as telecommunications, 5G cellular networks, and video and camera technologies, according to data from the United States Patent and Trademark Office.The first Futurewei employee said work had come to a standstill since Huawei was blacklisted.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Huawei secretly helped North Korea build, maintain wireless network: ReportHuawei Technologies, the Chinese company put on a US blacklist because of national security concerns, secretly helped North Korea build and ...
Read more »
Huawei secretly helped North Korea build, maintain wireless network: ReportHuawei Technologies, the Chinese company put on a US blacklist because of national security concerns, secretly helped North Korea build and ...
Read more »
Britain delays decision on Huawei's role in 5G networksBritain on Monday postponed a decision on whether Huawei could participate in building next-generation 5G mobile networks until it had a clearer ...
Read more »
China strikes secret deal to allow armed forces at Cambodian naval base: Wall Street JournalWASHINGTON (REUTERS) - China will be able to place armed forces at a Cambodian naval base under a secret agreement the two nations have reached, the Wall Street Journal reported on Sunday (July 21).. Read more at straitstimes.com.
Read more »
Cambodia denies deal to allow armed Chinese forces at its naval baseWASHINGTON (REUTERS) - China will be able to place armed forces at a Cambodian naval base under a secret agreement the two nations have reached, the Wall Street Journal reported on Sunday (July 21).. Read more at straitstimes.com.
Read more »
Cambodia denies deal to allow armed Chinese forces at its naval baseWASHINGTON: China will be able to place armed forces at a Cambodian naval base under a secret agreement the two nations have reached, the Wall ...
Read more »