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FILE - A receptionist stands at the front counter of the Huawei's Cyber Security Lab at the Huawei factory in Dongguan, China's Guangdong province, March 6, 2019. VOA

Reacting to reports that it got as much as $75 bilion in state support from China, Chinese telecom and smartphone giant Huawei has denied the alleged special treatment and called them “wild accusations”.

Tens of billions of dollars in financial assistance from the Chinese government helped fuel Huawei Technologies Co.’s rise to the top of global telecommunications, a scale of support that in key measures dwarfed what its closest tech rivals got from their governments, claimed a report in The Wall Street Journal.


Reacting to it, Huawei responded in a string of tweets on Thursday: “Once again, the WSJ has published untruths about Huawei based on false information. This time, wild accusations about Huawei’s finances ignore our 30 years of dedicated investments in R&D that have driven innovation and the tech industry as a whole.”


FILE – A man uses his smartphone outside of a shop selling Huawei products at a shopping mall in Beijing, May 29, 2019. VOA

The tech behemoth also said that it reserved the right to take legal actions against the WSJ for “a number of disingenuous and irresponsible articles”.

The company emphasised its research and development spending as the reason for its ongoing success, noting that over the last 30 years it has spent between 10 to 15 per cent of its annual revenue developing new technologies and products.

Also Read: Congress To Use Tribal Card to Regain Power in the Country

“Every tech company in China is entitled to subsidies, as long as they meet conditions. Over the past decade, #Huawei has received government subsidies amounting to less than 0.3 per cent of our total annual revenue. The figure was just 0.2 per cent for 2018,” the company added in a tweet. (IANS)


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Tokyo Olympics 2020 Indian wrestler Ravi Kumar enter semi finals.

Indian wrestler Ravi Kumar (57kg) and Deepak Punia (86kg) enjoyed fruitful outings at the Tokyo Olympic Games as they secured semifinal berths in their respective weight categories at the Makuhari Messe on Wednesday.

On the opening day of the wrestling competition, Ravi Kumar defeated Bulgaria's Georgi Vangelov 14-4 on technical superiority to reach the last-four in the men's 57kg category, while compatriot Deepak Punia overcame China's Zushen Lin 6-3 on points to advance to the semifinals.

Ravi Kumar will take on Nurislam Sanayev of Kazakhstan in the last-four, while Punia will be up against David Morris Taylor of the USA.

Earlier, Ravi Kumar had won his opening-round bout by technical superiority against Colombia's Oscar Tigreros to secure a quarterfinal spot. Competing in the Round-of-16 bout against the Colombian wrestler, the 23-year-old Ravi Kumar, who is making his Olympic debut, showed no nerves as he dominated the bout to win by technical superiority (13-2).

Ravi Kumar landed attack after attack and went 13-2 up, winning the bout by technical superiority with minutes to spare. In wrestling, building up a 10-point lead over the opponent results in a victory by technical superiority.

India's 86kg freestyle wrestler Deepak Punia showed no signs of the niggle that had forced him to pull out of the Poland Open Ranking Series in Warsaw in June, as he defeated Nigeria's Ekerekeme Agiomor on technical superiority to secure a quarterfinal berth.

He got his Olympic campaign to a fine start as he was in control from the start of the bout and hardly ever allowed his Nigerian opponent any room to maneuver his moves, finally winning with a 12-1 on technical superiority.

Punia, who had also suffered an elbow injury just before the Games, was slow at the start but came into his own as the bout progressed, inflicting takedowns at regular intervals to earn points.

The Indian wrestler eased into a 4-1 lead at the break and extended his lead comfortably in the second period.

Punia, the silver medallist from the 2019 world wrestling championships, then set up a clash with China's Lin Zushen in the quarterfinals and defeated him 6-3.

(IANS/HP)