TikTok owner ByteDance would prefer to shut down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the U.S., four sources said.
The definition of a golden share is effective control.
That’s not nothing, but still not the be-all and end-all that you seem to want to make it.
The US government has the power to kill Huawei if they wanted to; it’s their territory and they can do whatever the heck they want, of course. That doesn’t mean Huawei is US-owned.
Huawei Technologies climbed back to the No 1 spot of China’s smartphone market in the initial two weeks of this year, according to a report by research firm Counterpoint, putting more pressure on 2023 industry leader Apple and major mainland rivals in the world’s largest handset market.
This marks the first time Huawei reclaimed the top smartphone sales ranking on the mainland since Washington imposed sanctions on the Shenzhen-based company when it was added to the US trade blacklist in May 2019, which crippled the firm’s once-lucrative handset business, according to the report on Sunday by Counterpoint research analysts Ivan Lam and Zhang Mengmeng.
That resurgence was jump-started by Huawei’s surprise release last August of its Mate 60 Pro 5G smartphone – powered by its advanced Kirin 9000S processor, which was locally developed in spite of US tech sanctions – as well as the firm’s Android replacement mobile platform HarmonyOS, the report said. It also pointed out that brand loyalty among Chinese consumers greatly contributed to the popularity of Huawei’s new 5G handsets.
That’s not nothing, but still not the be-all and end-all that you seem to want to make it.
Is this a joke? The US government just tried and failed. Huawei reclaims top spot in China’s smartphone sales ranking, its first time back since company was added to US blacklist