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Panasonic joins firms stepping away from Huawei after US ban

Energy Daily Thursday, 23 May 2019
Panasonic joins firms stepping away from Huawei after US banTokyo (AFP) May 23, 2019

Japan's Panasonic on Thursday said it would stop supplying some components to Huawei, joining a growing list of firms distancing themselves from the Chinese telecoms giant after a US ban over security concerns. The announcement came a day after four major Japanese and British mobile carriers said they would delay releasing new Huawei handsets. "We've stopped all business transactions wit
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News video: Huawei restrictions push market down

Huawei restrictions push market down 00:41

Asian and European stocks and US futures fell on Thursday following reports that Panasonic, Arm, and other partners have cut ties with Huawei. Panasonic said it halted shipments of some components to Huawei but later dismissed media reports as &quot;simply untrue.&quot; The Trump...

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