Recent News | Huawei

Maryam Nawaz Secures $700m China Investment Deal

Punjab Chief Minister Maryam Nawaz's visit to China has led to several agreements between her delegation and a high-level Chinese team. The Chinese delegation, including Ms Scarlett from Chengdu General Coordinator for the ICT Hub and Yu Ray, Deputy CEO of Huawei, have expressed willingness to invest $700 million in Punjab. As part of this investment, a Computing Centre will be established in Lahore's Nawaz Sharif IT City, while a Data and Cloud Centre will also be set up with the Punjab government providing land and buildings for its establishment. Additionally, an e-taxi service will be launched, and a Chinese company will establish the first e-commerce platform in Pakistan, providing training to Pakistani youth for online worldwide trading. The project also includes setting up smart control rooms, traffic control, transport and sanitation centres in Lahore with Chinese cooperation.

https://www.thenews.com.pk/print/1268498-chinese-firm-set-to-invest-over-rs194bn-in-punjab-following-cm-s-visit

US Blocks Huawei from SeaMeWe-6 Cable Project

The undersea internet cables that carry data signals between continents have become a new front in the deteriorating relations between the US and China. The US is taking steps to ensure that new cables bypass Hong Kong and are free of Chinese investments and contractors, following the semiconductor tech war between the two countries. A recent example is the Southeast Asia-Middle East-Western Europe 6 (SeaMeWe-6) internet cable project, which was won by SubCom LLC, an American subsea cable company, after Huawei Technologies, a top Chinese telecommunications infrastructure company, lost the bidding due to US government intervention. The US Commerce Department pressured the cable investors to choose SubCom over Huawei, highlighting the growing tensions between the two nations in the tech sector.

https://www.lokmattimes.com/international/undersea-internet-cables-next-front-in-us-china-tech-war/