Chinese technology giant Huawei Technologies Co Ltd (華為) is offering to install — for free — a mobile-phone network worth £50 million (US$81.2 million) on the London Underground train system in time for the next year’s Olympics, a report said yesterday.
Huawei is presenting the offer as a gift from one Olympic host nation to another, the UK’s Sunday Times newspaper reported, without citing its sources.
The company would -reportedly install mobile transmitters along the ceilings of tunnels so that travelers could make and receive calls for the first time while underground.
Mobile operators, including Vodafone Group PLC and Telefonica O2 UK, have agreed to pay for the installation work, while Huawei hopes to earn income in maintenance fees, according to the report.
Transport for London, the official body responsible for the transport system in the city, said talks had started on fitting a mobile network on the underground, but did not confirm Huawei’s involvement.
“Transport for London and the Mayor of London [Boris Johnson] are currently in discussion with mobile phone operators and other suppliers about the potential provision of mobile phone services on the deep Tube network,” a spokesman said.
However, Member of Parliament Patrick Mercer, of British Prime Minister David Cameron’s Conservative party, said allowing a Chinese firm to provide the -network could pose a security risk.
“It has been proven that a proportion of the cyberattacks on this country come from China,” he told the Sunday Times. “I wonder when the eyes of the world are upon us whether there is sense in using a Chinese firm to install a sensitive mobile network.”
Huawei, founded 23 years ago by Ren Zhengfei (任正非), a former People’s Liberation Army engineer, has long rejected accusations that it has ties to the Chinese military.
It insists it is owned by its employees and that Ren, its chief executive, has less than a 2 percent stake in the company.
Huawei’s technology is used to build mobile phone networks around the world and its consumer products include smartphones that run on Google Inc’s Android platform and technology to connect laptops to the Internet using 3G networks.
Singapore-based ride-hailing and delivery giant Grab Holdings Ltd has applied for regulatory approval to acquire the Taiwan operations of Germany-based Delivery Hero SE's Foodpanda in a deal valued at about US$600 million. Grab submitted the filing to the Fair Trade Commission on Friday last week, with the transaction subject to regulatory review and approval, the company said in a statement yesterday. Its independent governance structure would help foster a healthy and competitive market in Taiwan if the deal is approved, Grab said. Grab, which is listed on the NASDAQ, said in the filing that US-based Uber Technologies Inc holds about 13 percent of
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday received government approval to deploy its advanced 3-nanometer (3nm) process at its second fab currently under construction in Japan, the Ministry of Economic Affairs said in a news release. The ministry green-lit the plan for the facility in Kumamoto, which is scheduled to start installing equipment and come online in 2028 with a monthly production capacity of 15,000 12-inch wafers, the ministry said. The Department of Investment Review in June 2024 authorized a US$5.26 billion investment for the facility, slated to manufacture 6- to 12nm chips, significantly less advanced than 3nm process. At a meeting with
The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia BV will soon be able to produce semiconductors locally within China, according to two company sources. Nexperia is at the center of a global tug-of-war over critical semiconductor technology, with a Dutch court in February ordering a probe into alleged mismanagement at the company. The geopolitical tussle has disrupted supply chains, with some carmakers reportedly forced to cut production due to chip shortages. Local production would allow Nexperia’s domestic arm, Nexperia Semiconductors (China) Ltd (安世半導體中國), to bypass restrictions in place since October on the supply of silicon wafers — etched with tiny components to
Taiwan’s food delivery market could undergo a major shift if Singapore-based Grab Holdings Ltd completes its planned acquisition of Delivery Hero SE’s Foodpanda business in Taiwan, industry experts said. Grab on Monday last week announced it would acquire Foodpanda’s Taiwan operations for US$600 million. The deal is expected to be finalized in the second half of this year, with Grab aiming to complete user migration to its platform by the first half of next year. A duopoly between Uber Eats and Foodpanda dominates Taiwan’s delivery market, a structure that has remained intact since the Fair Trade Commission (FTC) blocked Uber Technologies Inc’s