Sunday, June 18, 2023

How Huawei lost a $200M contract to build Danish telecom TDC's 5G network in 2019 after TDC opened a probe suspecting Huawei of unethical business practices (Bloomberg)

Bloomberg:
How Huawei lost a $200M contract to build Danish telecom TDC's 5G network in 2019, after TDC opened a probe suspecting Huawei of unethical business practices  —  At a hastily scheduled meeting on March 5, 2019, the bidding to upgrade Denmark's cellular network crossed over into something strange.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...