China Mobile plans Shanghai listing following NYSE exile

China Mobile is planning to list on the Shanghai stock exchange after being exiled from the NYSE.

Last November, then-president Donald Trump signed an executive order to delist China Mobile, China Unicom, and China Telecom from the New York Stock Exchange on national security grounds.

The NYSE briefly backtracked on its plan to delist the Chinese telecoms giants after “further consultation with relevant regulatory authorities”. However, the exchange quickly changed...

China proclaims 6G lead through its extensive patent portfolio

The China National Intellectual Property Administration (CNIPA) used state media this week to proclaim the country’s lead in the development of 6G.

CNIPA made the declaration on World Intellectual Property Day (April 26th) and pointed to its analysis of 6G-related patents which found – of 38,000 patents – around 35 percent (13,449) came from China.

The US took second place with 18 percent of patents relating to 6G.

In the report, CNIPA advises China to...

Huawei is deciding how much to charge Apple and Samsung for its 5G patents

Huawei is the global leader in 5G patents and is now deciding how much to charge Apple and Samsung for access to its lucrative assets.

Huawei (15.39%) leads in 5G patents, followed by Qualcomm (11.24%), ZTE (9.81%), Samsung (9.67%), and Nokia (9.01%).

As first reported by Bloomberg, Huawei has begun talks with the two tech giants to negotiate royalty rates.

Apple, in particular, is bouncing from one patent battle to another.

Cupertino settled a...

Huawei founder Ren Zhengfei hopes for improved US-China relations

Huawei founder Ren Zhengfei hopes US-China relations will improve under the Biden administration over the long-term.

“I hope the new US administration will come up with more open policies that are in the interests of US companies and the US economy as a whole,” Zhengfei said during a recent ceremony.

“Trade benefits both sides. Allowing US companies to supply goods to Chinese customers is conducive to their own financial performance. If Huawei's production capacity...

Ofcom revokes GCTN’s broadcast license and rejects transfer over CCP links

Ofcom has revoked the broadcast license of China Global Television Network (CGTN) and rejected its proposed transfer to a new entity over its links to the Chinese Communist Party (CCP).

CGTN is an English-speaking international satellite news channel and must conform to UK broadcasting laws to operate in the country.

Under British law, broadcast licensees must have full control over the service–-including editorial oversight over the programmes they show. Licensees...

New York Stock Exchange backtracks on plan to delist Chinese telcos

The New York Stock Exchange (NYSE) no longer plans to comply with a Trump administration order to delist Chinese telecoms groups.

NYSE began proceedings to delist China Mobile, China Unicom, and China Telecom last week after the order signed by President Trump in November.

The order is designed to prevent transactions in securities “designed to provide investment exposure to such securities, of any Communist Chinese military company” by any person in the...

Ericsson CEO continues lobbying Swedish gov to overturn Huawei ban

Ericsson CEO Börje Ekholm is continuing to lobby the Swedish government to overturn a ban of Huawei’s equipment.

Ekholm has been vocal in opposing the ban since it was announced in October last year.

Dagens Nyheter reports Ekholm has sent a series of phone messages to Foreign Trade Minister Anna Hallberg calling for her to review the ban order by the Swedish Post and Telecom Authority (PTS).

Hallberg has said she has not had any contact with the PTS over the...

FCC considers revoking China Telecom’s license to provide US services

The FCC has announced that it’s launched a review into whether to revoke China Telecom’s license to provide services in the United States.

The US telecoms regulator says the proceedings will “determine whether to end China Telecom (Americas) Corporation’s authority to provide domestic interstate and international telecommunications services within the United States under section 214 of the Communications Act.”

According to the FCC, the action seeks to safeguard...

UK security bill sets out penalties if telcos use Huawei equipment

The UK has set out the security legislation that will enforce the ban on Huawei’s telecoms equipment, and it features some hefty penalties.

The Telecommunications Security Bill bans telcos from purchasing Huawei’s equipment from 2021. Huawei’s existing gear must be removed entirely from British networks by 2027.

Digital Secretary Oliver Dowden said:

“We are investing billions to roll out 5G and gigabit broadband across the country, but the benefits can...

Huawei appears to get a slight reprieve from US trade ban

Huawei’s business appears to be getting a slight reprieve from a US trade ban which has pressured the firm over the past year.

Huawei was added to the US Chamber of Commerce’s so-called Entity List earlier this year; meaning American companies are banned from doing business with Huawei without explicit permission. The decision was reinforced in July when the FCC officially designated Huawei a national security threat.

Although Huawei has increased the production of...