The verdict sidelines Jay Y Lee from important decisions at the world’s biggest electronics firm in a time of global uncertainties. A South Korean court has sentenced Samsung Electronics vice chairman Jay Y Lee to two-and-a-half years in prison, with implications for
The Trump administration notified Huawei suppliers, including United States-based chipmaker Intel, that it is revoking certain licences to sell to the Chinese company and intends to reject dozens of other applications to supply the telecommunications firm, people familiar with the matter told
Goldman Sachs, JPMorgan, and Morgan Stanley plan to reduce exposure to Chinese telecom firms named in a US ban on investments in companies Washington says are linked to China’s military. Wall Street firms in Hong Kong including Goldman Sachs and JPMorgan have
Decision could have larger effect on the firms’s shares than the New York Stock Exchange’s move to delist them. MSCI Inc. will remove China’s three major telecommunications companies from its indexes on Friday, giving global funds just one day to adjust billions
New York Stock Exchange had been planning to reverse its decision to delist three Chinese telecoms firms. The New York Stock Exchange is considering proceeding in delisting three major Chinese telecommunications firms after Treasury Secretary Steven Mnuchin criticized its shock decision to
Trump has barred US investments in Chinese firms with military ties as relations between the two countries worsen. The New York Stock Exchange (NYSE) says it no longer intends to move forwards with the delisting of China Mobile Ltd, China Telecom Corp
Protests by workers at an Apple supplier’s plant in India that turned violent this month are a reminder that companies need to treat their workers correctly, analysts said on Tuesday, but added that the incident is unlikely to deter foreign firms from
The $900bn virus relief bill reportedly includes funds to replace telecommunications network equipment that the US says poses a national security risk. US policymakers will back a $1.9bn programme to remove telecommunications network equipment that the US government says could threaten national