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Taiwan 5G auction shows carriers are willing to pay big

Bloomberg Bids in Taiwan’s auction of fifth-generation networking airwaves have exceeded NT$100 billion ($3.3 billion), a sign of robust demand as carriers race to deploy new wireless networks for applications including smart manufacturing and autonomous cars. Chunghwa Telecom Co, Far EasTone Telecommunications Co, Taiwan Mobile Co and two other rivals are bidding for preliminary licenses to the spectrum they need ...

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Trump’s Huawei blacklisting is failing to stop its growth

Bloomberg In the days after the US government said it would bar Huawei Technologies Co from buying vital American components, the Chinese company’s founder, Ren Zhengfei, pulled together an emergency meeting of his top lieutenants at headquarters in Shenzhen. In a large conference room, the billionaire asked for a report from the head of each business unit on how they ...

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Javid sets March 11 date for UK budget to deliver on vows

Bloomberg Chancellor of the Exchequer Sajid Javid promised to unleash “a decade of renewal” when he outlines his budget on March 11 as he seeks to ready the UK for its departure from the European Union. Javid’s office said he will make good on pledges to cut taxes and spread opportunity as he announced the date for the statement, postponed ...

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