Huawei makes smartphone technology deals to skip US sanctions

Smartphone technology - Huawei phone

The Chinese tech giant aims to license its designs to third parties to gain component access. Huawei Technologies Co is building a new strategy in which it will license its smartphone technology designs to third parties in order to find a way to slip past the Trump era sanctions keeping to from accessing critical components. The company plans to license its designs to China Postal and Telecommunications Appliances Co. Huawei is planning to license its smartphone technology designs to a unit of China Postal and Telecommunications Appliances Co (PTAC), which…

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Apple brings mobile payments service to China

Apple mobile payments - Apple Pay

Apple Pay has launched in China, but may struggle to find success Apple has finally launched its new mobile payments service, called Apple Pay, in China, but the service has received a mixed response among consumers. The Chinese market is quite attractive for companies interested in mobile shopping, largely due to the rapidly growing number of consumers opting to use their smartphones to make purchases online. Apple has been working to break into the Chinese market, but has been met with some resistance from the country’s banks, which had shown…

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