Morning News Germany allows telecom operators to use Huawei for 5G EU investigates Chinese electric cars

Germany permits telecom operators to use Huawei for 5G, while the EU is investigating Chinese electric cars

【Phoneauto Morning News】Recently, according to the German newspaper Welt, Daniela Kluckert, the State Secretary of the German Federal Ministry of Digitalization and Transportation, admitted in a private setting that “the new 5G mobile network uses a lot of technology from China. German mobile communication operators continue to rely on security-critical components from Chinese suppliers.” On September 13th, Phoneauto learned that Ursula von der Leyen, the President of the European Commission, announced that the European Commission has launched an investigation into the subsidies received by Chinese electric vehicle manufacturers on Wednesday.

According to Reuters, Jean-Noel Barrot, the French Minister in charge of Digital Transformation and Telecommunications, stated in an interview on the 12th that Apple must stop selling iPhone 12 models in France due to excessive radiation levels. Recently, Toho Auto announced the official start of its initial public offering in Hong Kong on September 14th.

Recently, according to the German newspaper Welt, Daniela Kluckert, the State Secretary of the German Federal Ministry of Digitalization and Transportation, admitted in a private setting that “the new 5G mobile network uses a lot of technology from China. German mobile communication operators continue to rely on security-critical components from Chinese suppliers.” As for whether these companies include Huawei, the German Ministry of the Interior responded that due to the involvement of commercial trade secrets of enterprises, no information can be provided.

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On Wednesday, von der Leyen confirmed in her annual State of the Union address to the European Parliament in Strasbourg that the European Commission is conducting an anti-subsidy investigation into electric vehicles from China. Europe maintains an open attitude towards competition but does not seek ruthless competition to drive down prices. We must be aware of the risks we face.

According to Reuters, Jean-Noël Baro, the French Minister of Digital Transformation and Telecommunications, stated in an interview on the 12th that Apple must stop selling iPhone 12 models in France due to excessive radiation levels. In response, Apple stated that the iPhone 12 has obtained certifications from multiple international institutions and has been confirmed to comply with all applicable SAR regulations and standards worldwide. We have provided the results of multiple Apple and independent third-party laboratory tests to France and French representatives to prove its compliance.

According to the prospectus, Tuhu Car Maintenance plans to globally issue 40,617,100 shares, of which 36,555,300 shares will be issued internationally, and the remaining 4,061,800 shares will be issued in Hong Kong, with a maximum price of 31 Hong Kong dollars per share. It is worth noting that five institutions, including Tencent, Jia Shi Duo, Lingpao Motors, Guoxuan High-tech, and Shanghai Zizhu Hi-Tech Zone, will participate as cornerstone investors in this public offering, bringing a total investment of 100 million US dollars.

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