Huawei, Intel expand tie-up amid China's rising scrutiny of U.S. tech firms

China's Huawei Technologies Co Ltd [HWT.UL] and Intel Corp are expanding an existing alliance to provide cloud computing to global telecoms carriers, as U.S. tech firms vie for Chinese tie-ups to retain access to a tough mainland market.

The partnership, announced by Huawei in a statement, comes as U.S and other Western tech firms' scramble to burnish their bona fides with China, which has become increasingly wary of foreign technology. Read More

Subscribe to Forex Trading Mantra by Email