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Investigation Arranged For Huawei’s Labor Issue
Aggregated Source: ChinaTechNews.com
Post Date: November 6, 2007
… Department has launched an investigation into Chinese communications equipment manufacturer Huawei, which reportedly persuaded 7000 of its employees to resign from the company in order to evade China's upcoming Labor Contract Law.
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China’s Huawei Joins Hands With ITU In Rwanda
Aggregated Source: China Media Blog
Post Date: November 5, 2007
China's Huawei Technologies has signed a memorandum of understanding with the International Telecommunication Union to jointly promote technology development in developing countries.
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Thousands of Huawei staff ‘quit’
Aggregated Source: China
Post Date: November 3, 2007
More than 7,000 loyal employees of Huawei, China's largest private telecom gear maker based in the southern city of Shenzhen, have quit in exchange for the chance to work for the company again.
The mass resignation triggered by the compa...
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Symantec and Huawei Have a Little Chat
Aggregated Source: China Business Blog
Post Date: November 1, 2007
… at Symantec’s Greater China Client Meeting that he will have an informal meeting with Huawei’s president Ren Zhengfei to discuss issues regarding a joint venture company between the two parties.
Huawei is acquiring a minority share in 3Com, and their previous sales, distribution, and technology agreements will be extended next year. Symantec doesn’t really compete directly with 3Com, but there has to be some concern about Huawei’s long-term strategy. With …
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Symantec Brewing JV With Huawei
Aggregated Source: ChinaTechNews.com
Post Date: November 1, 2007
… disclosed at Symantec's Greater China Client Meeting that he will have an informal meeting with Huawei's president Ren Zhengfei to discuss issues regarding a joint venture company between the two parties.
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Huawei’s 3Com Deal Includes Option To Increase Stake
Aggregated Source: WSJ Briefing: China Business News
Post Date: October 18, 2007
Huawei Technologies Co.'s proposed deal to buy an initial 16.5% stake in 3Com Corp. allows for the Chinese company to potentially raise its stake to a maximum of 21.5%, 3Com said in a filing to the U.S. Securities and Exchange Commission.
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Review: 3Com’s 8-K Filing for the Bain & Huawei Acquisition
Aggregated Source: China Business Blog
Post Date: October 16, 2007
… the national security concerns over the acquisition of a minority stake in 3Com by a Chinese firm, Huawei. It certainly succeeds. The document is clearly and concisely written and rather pointed in dismissing the hysteria. However, reading a little deeper into it reveals a more subtle reality. While Huawei will not have managerial control of 3Com, its effective control of 3Com’s future makes those extra board seats superfluous.
The annexe to 3Com’s 8-K filing for the …
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Huawei ups proposed stake in 3Com
Aggregated Source: China Economic Review - Daily Briefs
Post Date: October 16, 2007
Shenzhen-based telecom equipment maker Huawei has announced that it is raising its proposed investment in 3Com raising to the maximum 21.5%, the Wall Street Journal announced. Huawei announced last week that it was seeking a 16.5% stake in the US-based company in partnership with Bain Capital. The proposed deal raised concerns that Huawei, which is reported to have close ties to the Chinese government, might be able to gain …
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Huawei ups proposed stake in 3Com
Aggregated Source: China Economic Review - Daily Briefs
Post Date: October 16, 2007
Shenzhen-based telecom equipment maker Huawei has announced that it is raising its proposed investment in 3Com raising to the maximum 21.5%, the Wall Street Journal announced. Huawei announced last week that it was seeking a 16.5% stake in the US-based company in partnership with Bain Capital. The proposed deal raised concerns that Huawei, which is reported to have close ties to the Chinese government, might be able to gain …
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Huawei-3Com - let the fun begin
Aggregated Source: China Business Blog
Post Date: October 15, 2007
The drama surrounding the proposed minority equity purchase in 3Com by Huawei has yet to be played out, so I have thus far held off on any significant posts. However, the rhetoric has certainly picked up recently, so maybe some preliminary comments are now in order.
The latest theatrics come courtesy of the U.S. House of Representatives, as described by the FT :
The proposed takeover of 3Com by Bain, the private equity firm, and Huawei, the Chinese …
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The Huawei-3Com Deal Draws Interest
Aggregated Source: China Business Blog
Post Date: October 14, 2007
Channel News Asia reports: A deal giving Chinese-based Huawei Technologies a stake in US telecom equipment maker 3Com Corporation presents "no risk to national security," the US firm says in a regulatory filing. The comments made by 3Com were made in a filing to the Securities and Exchange Commission on details of the 2.2 billion-US-dollar agreed takeover by private equity group Bain Capital Partners, LLC. The deal announced September …
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Huawei teams up with Bain Capital to acquire 3com
Aggregated Source: China Economic Review - Daily Briefs
Post Date: October 13, 2007
Chinese telecom equipment maker Huawei and US private equity group Bain Capital have reached an agreement to jointly acquire US telecoms device maker 3Com for US$2.2 billion, Economic Observer reported (in Chinese). Huawei will have a minority stake of 16.5% in the company, which is currently loss-making, and become a commercial and strategic partner. Jonathan Zhu, one of Bain's managing directors, said the …
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Huawei to buy large stake in 3Com
Aggregated Source: FT.com - China
Post Date: October 12, 2007
Huawei, the Chinese telecommunications equipment maker, could acquire up to 21.5 per cent of 3Com and hold three of the 11 board seats as part of a deal to take over the US technology group with Bain Capital
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Why Huawei Wants a Piece of 3Com
Aggregated Source: BusinessWeek Online -- Asia
Post Date: October 23, 2007
As part of 3Com's go-private deal, China's top communication equipment maker may face U.S. political opposition. Why bother for an asset of dubious value? …
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Besieged Chinese out of danger in Somalia
Aggregated Source: Shanghai Daily: National
Post Date: November 2, 2007
… of Foreign Affairs announced on its Website yesterday.
The Chinese, identified as employees of Huawei Technology Co and ZTE Corporation, were trapped when the Ethiopian military engaged in a gun fight with local militants around the two companies' office buildings in Mogadishu, the capital of the eastern African country.
The four were on a business trip to the city, the Shenyang Evening News reported today.
They later escaped the clash and no one was hurt, the report said, without …
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Besieged Chinese out of danger in Somalia
Aggregated Source: Shanghai Daily: National
Post Date: November 2, 2007
… of Foreign Affairs announced on its Website yesterday.
The Chinese, identified as employees of Huawei Technology Co and ZTE Corporation, were trapped when the Ethiopian military engaged in a gun fight with local militants around the two companies' office buildings in Mogadishu, the capital of the eastern African country.
The four were on a business trip to the city, the Shenyang Evening News reported today.
They later escaped the clash and no one was hurt, the report said, without …
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Besieged Chinese out of danger in Somalia
Aggregated Source: Shanghai Daily: National
Post Date: November 2, 2007
… of Foreign Affairs announced on its Website yesterday.
The Chinese, identified as employees of Huawei Technology Co and ZTE Corporation, were trapped when the Ethiopian military engaged in a gun fight with local militants around the two companies' office buildings in Mogadishu, the capital of the eastern African country.
The four were on a business trip to the city, the Shenyang Evening News reported today.
They later escaped the clash and no one was hurt, the report said, without …
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Cisco in China: I’d Like to Put US$16 Billion on Red, Please
Aggregated Source: China Business Blog
Post Date: November 1, 2007
… a big scramble to get an edge. Cisco used to be the market leader in China, but the likes of Huawei, ZTE, and Harbor (now part of Huawei) have provided uncomfortable competition at all connectivity levels.
Cisco isn’t betting on China, they used to be the market leader six or seven years ago. But with the rise of competition, particularly from domestic firms, Cisco now has to work a lot harder for its share of the market. Just like everyone else.
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Chinese tech firms sign Rwanda deals
Aggregated Source: China Economic Review - Daily Briefs
Post Date: November 1, 2007
… separate bids to explore the African nation's telecom market, Xinhua reported (in Chinese). Huawei donated telecommunication equipment to the Rwandan government valued at US$130,000 in a gesture to "help develop" the country's technological infrastructure. ZTE signed a framework agreement to help Rwanda develop telecom infrastructure. Lou Qinjian, China's deputy minister of information industry, and Albert Butare, Rwanda's minister of energy and …
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Chinese tech firms sign Rwanda deals
Aggregated Source: China Economic Review - Daily Briefs
Post Date: November 1, 2007
… separate bids to explore the African nation's telecom market, Xinhua reported (in Chinese). Huawei donated telecommunication equipment to the Rwandan government valued at US$130,000 in a gesture to "help develop" the country's technological infrastructure. ZTE signed a framework agreement to help Rwanda develop telecom infrastructure. Lou Qinjian, China's deputy minister of information industry, and Albert Butare, Rwanda's minister of energy and …
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Chinese telecom giant donates 130,000 USD equipment to Rwanda
Aggregated Source: China
Post Date: October 29, 2007
Huawei, a leading Chinese supplier of telecommunications network, has donated telecommunications equipment valued at 130,000 U.S. dollars to the Rwandan government.
The company has said that the donation is an act to honor its promises ...
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Calls to block proposed 3Com takeover
Aggregated Source: FT.com - China
Post Date: October 13, 2007
The proposed takeover of 3Com by Bain, the private equity firm, and Huawei, the Chinese telecommunications equipment maker, came under further pressure in Washington
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3Com Looks to India for Growth
Aggregated Source: BusinessWeek Online -- Asia
Post Date: October 10, 2007
Following its recent acquisition by China's Huawei and Bain Capital, 3Com says it will focus on emerging markets in Asia, particularly India
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