Chinese telecommunications equipment vendor Huawei Technologies has been given the green light to invest £1 billion (A$1.8 billion) in a research centre close to Cambridge in the UK that will focus on chip research and manufacturing.
One in three smartphone users will cut their spending on their next device by a fifth or more, the technology analyst firm Counterpoint Research says, adding that this was due to the reduction in economic activity across the globe due to the COVID-19 pandemic.
Chinese telecommunications equipment vendor Huawei Technologies has informed some of its suppliers to hold off on production for its next flagship device following fresh US moves to crack down on the company and disrupt its access to semiconductors.
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