Huawei

Huawei said on Jan. 30 it has initiated arbitration proceedings against Sweden under the World Bank Group after the Nordic country banned the Chinese tech giant from rolling out its 5G products.

The Chinese telecommunications leader Huawei topped the list of most valuable digital products brands in China for 2019 once again.

The company's brand is valued at 125 billion yuan ($ 17.8 billion), up 14% year-on-year. Xiaomi and Honor smartphone producers are ranked "second and third respectively"

The list published by the Hurun Research Institute in December.

Turkey's leading mobile operator Turkcell has said it clinched a deal to purchase Huawei products in local currencies in a bid to support the country's recent move to boost trade in local currencies rather than foreign exchanges, Reuters reported on March 13.