Using broad powers granted by the Trump administration, the Commerce Department is investigating if Huawei gear installed near key military bases poses a security threat

Xiaomi said the first 100 million phones took five years to sell, but the next 100 million took just three. Chinese companies account for four of the top five smartphone brands in India

The additional funds would bring total cost of purging US networks of telecom equipment that poses a national security risk to $4.9 billion, FCC's Jessica Rosenworcel said.

"This is no dystopian fantasy but a current reality," said MP Tom Tugendhat. ``A battle between authoritarian and rights-based technological standards and values is being waged.''

Indian tax officials said Huawei India remitted 750 crore rupees, or around $95 million, to China despite a slump on income over two financial years

The Enforcement Directorate (ED) has claimed that smartphone maker Vivo's sales proceeds were transferred out of India to show losses

Frequent investigations into Chinese enterprises not only disrupt their normal business activities [but also] damages goodwill of the enterprises, the Chinese embassy said

Xiaomi, which wants to expand its foothold in Southeast Asia, said the first batch of phones from its plant north of Hanoi went to a local distributor, but it plans to soon export to regional markets

The 11% rise in earnings was attributed to demand for memory chips from server customers, which offset inflation-hit smartphone sales

Huawei's founder Ren Zhengfei emphasised that the company's new strategy "should not be decided by a handful of people" but thousands of experts

The Vivo raids follow an Enforcement Directorate investigation into Xiaomi, another Chinese smartphone maker and one of India's leading brands

The two firms will work closely on mobile technologies, the automaker said