Semiconductor and hardware manufacturer Broadcom has said it will take a hit of about US$2 billion in annual sales for its current financial year which ends in November, due to the restrictions placed on Chinese telecommunications equipment vendor Huawei Technologies.

In what appears to be an escalation of the row between the US and China, the telecommunications equipment vendor Huawei Technologies has written to American wireless provider Verizon asking it to pay more than US$1 billion to license more than 230 patents that the Chinese company owns.

Published in Government Tech Policy

Growth in the Asia Pacific technology market will slow to 4% in 2020 as conditions become stormy, the American market research company Forrester has predicted.

Published in Market

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