Tag Archives: Huawei Technologies
Rumor: Google May Sell Motorola’s Hardware Division To Huawei
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Google announced that they would be acquiring Motorola Mobility about 8 months ago for $12.5 billion. Between now and then, the government went from questioning the deal to approving of it. Google gained 17,000 patents through the acquisition to help them protect Android, but Motorola has massive overhead.
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Huawei and ZTE Excluded From Sprint Contract Over National Security Concerns [WSJ]
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Chinese telecommunications companies Huawei and ZTE are reported to be left out of a potential multi-billion Sprint contract due to national security concerns. According to a source with The Wall Street Journal, the Defense Department and U.S. lawmakers are concerned with the two companies’ ties to the Chinese government and the military. If Sprint works with these two companies, then it could lead to security implications of letting their equipment into the U.S. telecommunications infrastructure.
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Palm Approached Huawei Technologies For Preliminary Acquisition Talks [RUMOR]

Earlier this week we reported about how Palm, Inc. (NASDAQ:PALM) is looking for acquisition bidders. Palm has been burning money every month and their devices have not been selling as much as hoped. Now the latest rumor is that Palm approached Chinese company Huawei Technologies for preliminary acquisition talks. Palm approached Huawei’s investment bank regarding the deal according to a source with Reuters. [Reuters]
