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Seagate reaches US$175 million settlement of shareholder claims it concealed sales to China's Huawei

Seagate reaches US$175 million settlement of shareholder claims it concealed sales to China's Huawei Seagate Technology reached a US$175 million settlement of a lawsuit claiming it defrauded shareholders by concealing it violated US export control laws by selling more than US$1.1 billion of hard disk drives to China's Huawei Technologies. A preliminary settlement of the proposed class action against Seagate, Chief Executive Dave Mosley and Chief Financial Officer Gianluca Romano was filed...

Channel News Asia 8d ago

Is Huawei’s new chip scaling law a true breakthrough, or mere hype?

Microchip development has always been a race to build smaller and smaller transistors – the fundamental components of chip circuits. Now China’s Huawei Technologies wants to change the game entirely. Faced with US tech export restrictions that block its access to the world’s most advanced chipmaking machinery, Huawei is proposing a fundamental shift in semiconductor progress: stop obsessing over how small the transistors are and start focusing on how fast data moves through the system.

South China Morning Post 11d ago

EU lawmakers vote to shield peers from Huawei scandal probe

BRUSSELS — The European Parliament’s legal affairs committee voted not to lift the immunity of three lawmakers that Belgian prosecutors want to investigate as part of the cash-for-influence scandal connected to Chinese firm Huawei. The committee did vote to lift the immunity of a fourth MEP. Italian European People’s Party lawmaker Fulvio Martusciello had his immunity lifted.

Politico EU 7d ago

Huawei chips refine DeepSeek model in major leap for China’s AI self-reliance

Huawei chips refine DeepSeek model in major leap for China’s AI self-reliance While Chinese chipmakers have found success in supporting AI inference, they are struggling with the far more complex process of training While Chinese chipmakers have found success in supporting AI inference – the relatively simple process of running an already-finished model to answer user prompts – they have struggled with training, the far more complex process of building or refining a model’s brain. If initial...

South China Morning Post 5d ago

US Urges NATO Allies to Use Defense Funds to Replace Huawei Gear

People visit the stand of Huawei during the 2025 Mobile World Congress in Shanghai.

Bloomberg Technology 2d ago

Huawei's ‘Chip Queen’ Throws Down the Gauntlet

The Chinese company is adapting to the demise of Moore’s Law, which guides chip production. It could complicate US chip dominance.

Wired 13d ago