Samsung Electronics' third-quarter profit likely jumped 58% to its highest in two years, beating estimates from analysts who pinned the rise on smartphone sales recovery and a rush order of chips from Huawei.
Samsung Electronics may launch its next flagship Galaxy S smartphones more than a month earlier than expected in a bid to grab market share from Huawei and fend off competition from Apple, three sources familiar with the matter said. Ciara Lee reports
British telecommunications firms must not install new Huawei 5G kit after September 2021, the government said on Monday (November 30). The ban is part of a plan to purge the Chinese firm's equipment from high speed mobile networks. Eve Johnson reports.
Britain's telecoms companies could be fined up to 10% of turnover or 100,000 pounds ($133,140) a day if they contravene a ban on using equipment made by China's Huawei Technologies Co Ltd under a new law put forward on Tuesday. Francis Maguire reports.