- Global technology companies, including chip suppliers, are cutting off their ties with China’s Huawei Technologies Co after the Trump administration put the world’s largest telecom equipment maker on a trade blacklist, citing national security concerns.The government has effectively banned U.S. firms from doing business with Huawei, escalating the ongoing trade war.
** LUMENTUM HOLDINGS INC: The optical components maker said it discontinued all shipments to Huawei, adding it “intends to fully comply with U.S. imposed license requirements”. Huawei represented 18% of the company’s total revenue in the latest quarter.
Bigger Factbox: Huawei(China) will shun global tech companies
This sucks because they got great phones.
The US goverment want to band HUAWEI from doing business with other countries as well, and this is the only way for them to continu spy on all the countries including uk gem and jap.
Factbox: Americans are afraid of Huawei because they are behind in 5G technology. If the United States is willing to allow Huawei more access to its own market, it will be better to develop its own economy. Embracing better technology is the direction of national development.
Fake news!!!
Because Huawei doesn't spy for the U.S. government, the U.S. Is going to hit them.
Trust the Chinese more than I do Trump and his administration!
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Reuters - 🏆 2. / 97 Read more »
Source: trtworld - 🏆 101. / 63 Read more »