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Huawei Mate X2 folding phone unveiled despite chip supply worries

Huawei Mate X2 folding phone unveiled despite chip supply worries

Technology
HuaweiHuawei has unveiled a revamped foldable smartphone, which it says has a much smaller internal gap when closed than that of its main rival Samsung.The Mate X2 marks a major redesign for the Chinese firm. When shut, the large display is now hidden inside the device rather than exposed over its exterior, as was the case with past generations.But its price - about £2,000 ($ 2,800) - is likely to limit demand.And US trade bans also threaten the firm's ability to produce them.The company's consumer devices chief acknowledged the challenges it faced in his opening remarks about the new phone."US sanctions have posed great difficulties to our business operations and day-to-day work," Richard Yu said in a video recorded at the firm's headquarters near Shenzhen."However, thanks to the solid su
Johnson: 24-7 Covid-vaccine hubs as soon as supply allows

Johnson: 24-7 Covid-vaccine hubs as soon as supply allows

Health
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Brexit will increase food supply chain costs, warn business groups

Brexit will increase food supply chain costs, warn business groups

Business
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WHO’s COVAX COVID-19 vaccine drive doubles global supply to 2 billion doses

WHO’s COVAX COVID-19 vaccine drive doubles global supply to 2 billion doses

World
Dec. 18 (UPI) -- A global initiative seeking fair access to COVID-19 vaccines for poorer countries said Friday it has secured commitments for 2 billion doses in nearly 200 nations -- doubling its existing supply. COVAX, the effort co-led by the World Health Organization, said it has guaranteed access to doses of vaccines that are now in development -- including new commitments for 500 million doses of a vaccine being tested by Johnson & Johnson and 170 million from one by AstraZeneca. Advertisement COVAX already had an agreement with the Serum Institute of India for 200 million doses of either the AstraZeneca vaccine or a candidate under development by U.S. biotech Novavax. There's also a statement of intent for 200 million doses of a vaccine from Sanofi and GlaxoSmithKline. "We now h...
US sanctions on Huawei hit chip supply and growth, exec says

US sanctions on Huawei hit chip supply and growth, exec says

Technology
A Huawei executive says that recent U.S. sanctions against the company have caused a shortage of computer chips for the company, hurting the growth of its smartphone businessBy ZEN SOO AP Technology WriterSeptember 10, 2020, 9:23 AM• 2 min readHONG KONG -- A Huawei executive says that recent U.S. sanctions against the company have caused a shortage of computer chips for the company, hurting the growth of its smartphone business.Richard Yu, president of Huawei Technologies’ consumer business, said at a company conference for developers on Thursday that the company has still managed to gain a 51% market share in the Chinese smartphone industry.The U.S. has imposed various sanctions on Huawei, citing national security concerns. The latest, ordered in August, restrict foreign semiconductor com