U.S. NOTIFIES HUAWEI SUPPLIERS ABOUT REVOCATION OF THEIR LICENSES

Highlights

• The US federal government has notified several suppliers of Chinese tech company Huawei Technologies Co. about revocation of their licenses to work with Chinese company

• The US Commerce Department has indicated about its intention of denying a significa...

LANXESS SELLS ITS STAKE TO CLOVER ALLOYS IN CHROME ORE MINE IN SOUTH AFRICA

Lanxess AG (Cologne, Germany; www.lanxess.com) sold its 74 percent stake in its Rustenburg chrome ore mine, South Africa to Clover Alloys (SA) Proprietary Ltd., a South African chrome fine ores provider. All firms reached a binding deal on November 15, 2019. The sides agreed not to reveal the val...

The new entry to the auto market

The Indian market has been seeing a great fall and decline in the auto sector, but that is not making carmakers stop from debuting in the Indian markets and changing the whole auto scene. Just as Morris Garages of the United Kingdom stepped into the Indian auto market this year and was a huge suc...

Deals to dominate the 5G market

As the world prepares for the arrival of the fabled tech of 5G, new agreements are happening to maximize the output from the launch of this new technology that will be making a significant impact on the world technology scene and changing it drastically.

Chinese vendor ZTE has surpassed...