Factbox: Global tech companies shun Huawei after U.S. ban

- Global technology companies are cutting ties with China’s Huawei Technologies Co Ltd after the U.S. government put the world’s largest telecom equipment maker on a trade blacklist, citing national security concerns.

Huawei is allowed to buy U.S. goods until Aug. 19 to maintain existing telecoms networks and provide software updates to its smartphones.** ALPHABET INC: Google on May 19 suspended the transfer of hardware, software and technical services to Huawei, except what it has made publicly available via open source licensing.

** QORVO INC: The radio frequency chipmaker said on May 21 it expects first-quarter revenue to take a $50 million hit due to a halt in shipments to Huawei. The Chinese firm represents 15% of Qorvo’s total revenue in the year ended March 30.his company will not be shipping anything to Huawei for the foreseeable future.** INPHI CORP: The optical communications chipmaker on May 22 lowered its second-quarter earnings forecast based on its understanding of the U.S.

** SYNOPSYS INC: The electronic products and software maker said on May 23 the company was restricting trade with Huawei and this will impact its revenue. ** MAXLINEAR INC: The maker of radio-frequency chips said it had discontinued all shipments to Huawei and its affiliates and cannot predict as to when it will be able to resume shipments.

Global tech companies shun Huawei after US ban.🇺🇸🥳😟🇨🇳

There Trump's puppets

its actually a good thing to both huawei and China. Now the chinese people can finally have their own OS without being called ungrateful to google.

Huawei has been working on it's own proprietary OS in an effort to be less dependent on the Android OS and on western tech is an under-reported factor

Economic terrorism.

Huawei Are you going to accept that or fight? XHNews TwitterAsians

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global stocks gain as Mexico tariffs averted, yuan falls to 2019 lowsU.S. stock futures and Asian shares rose on Monday after the United States dropp...
Source: Reuters - 🏆 2. / 97 Read more »

BREAKINGVIEWS - Hong Kong risks its future as global business hubOn Breakingviews – Hong Kong is risking its future as a global business hub. If its Chief Executive ignores the message from protesters, foreign governments may be next to reconsider their relationship with the territory, says KatrinaHamlin Breakingviews KatrinaHamlin Bull shit, who gives a damn. Hong Kong is a territory of China. Breakingviews KatrinaHamlin 取消香港独立地位，视为中国大陆的一个市。 Breakingviews KatrinaHamlin 香港跟大陆陆地相连，任你再怎么跳、折腾，也是泼皮的孙大圣逃不出如来的手掌心。
Source: Reuters - 🏆 2. / 97 Read more »

Global stocks are surging after Trump cancels Mexico tariffsAsian and European equities and US futures rose after the US nixed plans to slap tariffs on Mexico and weak jobs data fueled hopes of rate cuts. Do the same for China, end this baby play game already.
Source: BusinessInsider - 🏆 729. / 51 Read more »