When technology giants Cisco and Juniper recently issued gloomy outlooks, analysts attributed some of their pain to a little-known Chinese company called Huawei. On Friday, Huawei unveiled its newest R&D facility in Bridgewater in a push to expand in the U.S. market, where it has encountered some resistance. New Jersey Business
Posts Tagged ‘Tech’
Huawei, a rising Chinese tech firm, aims to penetrate the U.S. market
July 31st, 2011 
PCEHosting 
Posted in 
Tags: 
Stocks mostly fall on earnings; tech rises
July 23rd, 2011 PCEHosting The weaker results from Caterpillar and a continuing deadlock over raising the U.S. borrowing limit pushed stocks lower. Overseas markets rose after European leaders reached a deal aimed at containing the region’s debt crisis. New Jersey Business
Tech earnings help stocks end week with solid gain
July 23rd, 2011 PCEHosting Caterpillar fell nearly 6 percent after the heavy equipment maker earned less than analysts were expecting last quarter, partly because of the earthquake and tsunami disaster in Japan. The company is seen as a bellwether for the global economy because it sells construction and mining machinery all over the world. New Jersey Business
