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Companies

With phone in US, Huawei touts Western deals

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Richard Yu, Huawei Consumer Business Group CEO, talks about the company’s Huawei Mate 9 smartphone just released to the U.S. market and displayed behind him during his keynote address at CES in Las Vegas on Thursday. REUTERS / RickWilking

The Mate 9 smartphone has some key players on board

With the release of its latest Mate 9 in the US market, Huawei stressed its partnerships with some of the largest Western tech companies that provide new hardware and software for the company’s flagship smartphone.

The Mate 9, introduced to the US market at a pre-CES event, features a dual camera engineered by German camera manufacturer Leica, integration with Amazon’s Alexa voice-powered virtual assistant and compatibility with Google’s Daydream virtual reality device.

“We want to accelerate the smart devices’ evolution with industry leaders,” said Richard Yu, CEO of the Huawei Consumer Business Group, during a keynote address on Thursday.

“We want to bring some of today’s AR/VR, AI features, so at Huawei, we want to partner with industry leaders to bring some of these services, new innovations to today’s smartphone,” he said.

Huawei’s Mate 9 will be the first smartphone with Amazon Alexa implementation, with the virtual assistant being part of every phone starting sometime in the first quarter, according to Yu.

Steve Rabuchin, vice-president of Amazon Alexa, said during the same event that its relationship with Huawei “aligns with [the company’s] vision for the Alexa service”, which is the voice service that powers the Amazon Echo voice-activated smart speaker that provides information, weather, news and plays music.

“With Huawei,” Rabuchin said, “we’re bringing Alexa into the smartphone. Mobile is a particularly exciting opportunity because of the unique voice experiences that we think we can bring to our customers. We think they’re going to love it.”

The Mate 9 features a dual camera engineered by Leica, with extra sharpness,…

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China

Government subsidies don’t boost Chinese firms’ productivity

China’s industrial subsidies have caused considerable controversy both internationally and domestically. Trading partners have accused China of unfairly favouring its indigenous firms with subsidies, leaving foreign companies at a disadvantage in the race to lead the technologies of the future.

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East Asia Forum

Governments around the world regularly spend an enormous amount of money subsidising businesses. But few spend like China. A 2022 report suggests that China spends 1.7–5 per cent of its GDP on industrial policies, more than most countries.

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Companies

Chinese Smartphone Manufacturer Lays Off 3,000 Employees Following Closure of Chip Design Division

OPPO, a major Chinese smartphone maker, announced the closure of its chip design company ZEKU Technology (ZEKU).

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OPPO, a major Chinese smartphone maker, announced the closure of its chip design company ZEKU Technology (ZEKU).

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Companies

Company Owned by Chinese Billionaire Guilty of Paying $1 Million in Bribes to LA Councilman

A Los Angeles real estate firm owned by a Chinese billionaire is guilty of paying more than $1 million in bribes to a Los Angeles city councilman as part of a scheme that involved luxury cruises, high-rolling trips to casinos, and prostitution.

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A Los Angeles real estate firm owned by a Chinese billionaire is guilty of paying more than $1 million in bribes to a Los Angeles city councilman as part of a scheme that involved luxury cruises, high-rolling trips to casinos, and prostitution.

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