Inactive Instrument

LINE Corporation

Equities

3938

JP3966750006

China calls proposed U.S. legislation against Huawei, ZTE 'hysteria'

January 17, 2019 at 02:38 am

BEIJING (Reuters) - China's Foreign Ministry said on Thursday that proposed U.S. legislation targeting Huawei, ZTE and other Chinese telecommunications equipment companies was due to "hysteria", and urged U.S. lawmakers to stop the bills.

Ministry spokeswoman Hua Chunying made the comments at a regular news briefing in Beijing.

On Wednesday, a bipartisan group of U.S. lawmakers introduced bills that would ban the sale of U.S. chips or other components to Huawei Technologies Co Ltd [HWT.UL], ZTE Corp or other Chinese firms that violate U.S. sanctions or export control laws.

The bills specifically cite ZTE and Huawei, both of which are viewed with suspicion in the United States because of fears that their switches and other gear could be used to spy on Americans.

(Reporting by Christian Shepherd; Writing by Michael Martina; Editing by Darren Schuettler)

Latest news about LINE Corporation

LINE MAN Wongnai announced that it has received THB 9.7 billion in funding from GIC Private Limited, A Holdings Corporation, BRV Capital Management, PTT Oil and Retail Business Public Company Limited, Bualuang Ventures Limited, Taiwan Mobile Co., Ltd.	22-09-25	CI
Tranche Update on Z Holdings Corporation's Equity Buyback Plan announced on December 3, 2021.	22-01-14	CI
Z Holdings Corporation's Equity Buyback announced on December 3, 2021, has closed with 103,000,000 shares, representing 1.36% for ¥68,289 million.	22-01-12	CI
Z Holdings Corporation announces an Equity Buyback for 103,000,000 shares, representing 1.36% for ¥68,289 million.	21-12-03	CI
SoftBank Corp. completed the acquisition of remaining 40.05% stake in LINE MOBILE Corporation from LINE Corporation.	21-10-21	CI
Doublejump.tokyo inc. announced that it has received funding from Z Venture Capital Co., Ltd., A Holdings Corporation, BANDAI NAMCO Entertainment Inc., BANDAI NAMCO Live Creative Inc., Bitflyer Holdings, Inc.	21-09-02	CI
LINE Corporation acquired 7.6% in SNOW Corp. from A Holdings Corporation for KRW 51 billion.	21-03-02	CI
Z Holdings Corporation completed the acquisition of LINE Demerger Preparatory Company from A Holdings Corporation.	21-02-28	CI
LINE Corporation completed the acquisition of Shiodome Z Holdings Co., Ltd. from SoftBank Corp..	21-02-25	CI
LINE Corporation completed the acquisition of 44.6% stake in Z Holdings Corporation from Shiodome Z Holdings Co., Ltd. and others.	21-02-17	CI
SoftBank telco unit rotates CEO, Son steps down as chairman	21-01-26	RE
LINE Corporation agreed to acquire 44.6% stake in Z Holdings Corporation from Shiodome Z Holdings Co., Ltd. and others for approximately ¥ 740 billion.	21-01-19	CI
LINE Corporation(TSE:3938) dropped from FTSE All-World Index	20-12-29	CI
LINE Corporation entered into an agreement to acquire Shiodome Z Holdings Co., Ltd. from SoftBank Corp. for approximately ¥970 billion.	20-12-22	CI
SoftBank : Japan telco SoftBank bows to government pressure with fee cuts	20-12-21	RE
SoftBank Corp. entered into letter of intent to acquire remaining 40.05% stake in LINE MOBILE Corporation from LINE Corporation.	20-12-21	CI
LINE Corporation(TSE:3938) dropped from S&P Global BMI Index	20-12-21	CI
LINE Corporation acquired Line Friends Corporation from LFG Holdings Limited for KRW 67.6 billion.	20-12-01	CI
Bitcoin climbs to three-year peak, all-time high in focus	20-11-20	RE
LINE Corporation Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2020	20-11-05	CI
LINE Corporation Reports Impairment Loss for the Third Quarter Ended September 30, 2020	20-10-28	CI
LINE : Thai Siam Commercial Bank launches food delivery app amid competition	20-10-26	RE
Line : gears up for food fight in Thailand	20-10-04	RE
Tencent : E-commerce firm Shopee in Thai twitter storm for banning anti-government store	20-10-03	RE
NAVER Submits Shareholder Proposal to LINE	20-09-23	CI

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Company Profile

Line Corp is a Japan-based company mainly engaged in the provision of content services such as games and music distribution services, advertisements, and financial services including mobile remittance and payment based on the LINE messenger platform. The Company operates in two business segments. The Core segment provides advertising, communication, content business. The advertising services include display ads, account ads and other ads. The communication mainly includes stamps and pictograms. The content mainly includes LINE GAME, LINE MUSIC, LINE manga. The Strategic segment provides financial services including LINE Friends, Fintech, online-to-offline (O2O) commerce and AI.

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