News Formal

Google ban on Huawei may have 'a negative effect' – Momentum | IOL Business Report

  • 📰 IOL
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Momentum security analysts agree that the recent move by Google to ban Huawei from the Android platform is likely to have a 'negative effect on the company'. busrep

JOHANNESBURG – Momentum security analysts agree that the recent move by Google to ban Huawei from the Android platform is likely to have a "negative effect on the company".

Bambo said 48 percent of Huawei's revenue comes from the consumer which is the segment likely to be most affected by the US ban. When asked if similar impacts will be seen on other Chinese tech companies and which ones, Bambo said that six other tech-related Chinese firms have been banned from "exporting sensitive US goods, with fears they may have supported Iran’s military", all of which were unlisted.

Frank Kahumba, equity analyst at Momentum Securities, said that with android having a lot of enthusiasts due to the Operating System across devices it could be a huge blow if this is lost.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 46. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Google suspension of business is a blow to HuaweiHolders of current smartphones with Alphabet company’s apps will continue to be able to use and download app updates
Källa: BDliveSA - 🏆 12. / 63 Läs mer »