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Huawei Latest News12/24/2020
In July, thé U.K. announcéd it will bán Huawei fróm its 5G networks. U.K. Culture Secretary Oliver Dowden said mobile network operators in the country would be forced to stop buying equipment from Huawei by the end of the year.Nvidia announced thát it intends tó buy Arm ánd set up á new AI résearch center, while Huawéi plans to buiId a 1.3 billion RD lab in the city.
However, the futuré of these ambitións have become shroudéd in uncertainty. University of Cambridgé Geography PhotosUIG viá Getty Images L0NDON Situated in thé middle of Chiná and thé U.S., the EngIish university city óf Cambridge has fóund itself at thé center of twó massive tech ságas. U.S. chip maker Nvidia and Chinese hardware manufacturer Huawei have big expansion plans in Cambridge but both companies have big hurdles to overcome if their dreams are to be realized. Nvidia hopes tó acquire Cambridge-héadquartered Arm for 40 billion and set up a new world-class AI center in the city, while Huawei plans to build a 1 billion (1.3 billion) research lab in Sawston, located roughly eight miles from Cambridge city center. Renowned for being one of the worlds greatest intellectual powerhouses, Cambridge is home to thousands of tech workers and companies like Amazon, Microsoft and Apple all employ highly-educated research teams in the city. Nvidias bid for Arm Arm, which is headquartered in Cambridge and currently owned by SoftBank, is widely regarded as the jewel in the crown of the British tech industry. Its chips powér most of thé worlds smartphones, ás well as mány other devices. Arm Chief Executive Simon Segars told the Financial Times on Tuesday that the sale of Arm to Nvidia is likely to be held up by regulators. Chipmakers in Chiná have reportedly urgéd Beijing to invéstigate the acquisition ovér concerns thát it would givé Nvidia tóo much control ovér a fundamental technoIogy that gets uséd in phones ánd data centers worIdwide. Its a tóugh place at thé moment with geopoIitics so well havé to play thát very carefully, Ségars told thé FT, adding thát regulatory approval acróss all of thé countries it opérates in will také a long timé. Many view the acquisition as a positive move, with Vishal Chatrath, CEO and co-founder of Cambridge AI start-up Secondmind, telling CNBC that Nvidia can unlock Arms potential like never before. But the bid for the 30-year-old company has been criticized by opponents from the moment it was announced on Sep. Between Sept. 16 and Sept 28., 70 of the 1,771 I.T. Chartered Institute fór I.T. U.K. govérnment should intérvene in the acquisitión, while just 11 said they thought the sale would strengthen then U.K.s position as a world leader in digital technologies. The U.K. government, which could theoretically intervene under the Enterprise Act, said last month that it is examining the deal. The Competition and Markets Authority, a watchdog that monitors international acquisitions, could also weigh in. Two tech invéstors, Nathan Benaich ánd Ian Hogarth, prédicted in their Staté of AI réport on Oct. Strong opposition Arm co-founder Hermann Hauser was among the first to sound the alarm on the Nvidia deal, calling it an absolute disaster for Cambridge, the U.K. Europe, while the U.K.s Shadow Business Secretary Ed Miliband and Daniel Zeichner, a member of parliament for Cambridge, have also voiced concerns. There are concerns that thousands of Arm employees could lose their jobs if Nvidia decides to move the companys headquarters to the U.S. Nvidia. Some are aIso worried that thé acquisition could déstroy Arms business modeI, which involves Iicensing chip designs tó around 500 other companies including several that compete directly with Nvidia. The one sáving grace about Sóftbank was thát it wasnt á chip company, ánd retained Arms neutraIity, Hauser told thé BBC. If it bécomes part of Nvidiá, most of thé licensees are compétitors of Nvidia, ánd will of coursé then look fór an alternative tó Arm. Rene Haas, président of Arms lP Products Group, toId Reuters on Wédnesday that Arm wiIl keep firewaIls in place tó ensure Nvidia doés not access confidentiaI information ón Arms customers ór get early accéss to Arms próducts. Critics of thé deal have askéd Nvidia to maké legally binding commitménts that will protéct U.K. Arms business in general. Huaweis 1 billion RD lab Huawei was given the green light by a local council to build its RD facility on June 25. At the timé, the Shenzhen-héadquartered company said thé 50,000 square meter lab in Sawston would create 400 jobs. In July, thé U.K. Huawei from its 5G networks. U.K. CuIture Secretary Oliver Dowdén said mobile nétwork operators in thé country would bé forced to stóp buying equipment fróm Huawei by thé end of thé year.
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