Huawei has cut orders from key suppliers following US blacklist: Nikkei
Huawei has also downgraded its forecast for total smartphone shipments in the second half of 2019.
China’s Huawei Technologies Co Ltd has cut or cancelled orders to major suppliers for components that go into its smartphones and telecom equipment following its U.S. blacklisting, the Nikkei reported on Wednesday, citing sources familiar with the matter.
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) confirmed that orders from Huawei have declined after U.S. President Donald Trump imposed a ban on the Chinese firm on national security grounds, according to the report here.
Huawei has also downgraded its forecast for total smartphone shipments in the second half of 2019 by “about 20% to 30%” from the previous estimate, the Nikkei reported. Both, Huawei and TSMC did not immediately respond to a request for comment.
Related Articles
The ban on US companies from engaging in any business with Huawei also meant that the Chinese tech company couldn’t use any technology with components sourced from the US.
For UK-based chip designer, ARM, a company which happens to patent a number of its designs in the US, the ban meant that the company could no longer offer its chip designs to Huawei's smartphone and server businesses.
In an interview with The Daily Mail, co-founder of ARM, Hermann Hauser, has come out and stated that the row over Huawei will be 'incredibly damaging' for the company.
also read
Hunter Biden charged in arms case: Could indictment affect US prez 2024 chances?
Hunter Biden has been slapped with charges for illegally obtaining and possessing a weapon after falsely declaring he was not a drug user in 2018. Poll pundits believe that the indictment could hurt US president Joe Biden’s chances in the 2024 elections, as it would hurt his credibility
Huawei’s Snooping Act: Chinese tech giant ships Chinese surveillance chips to security cam makers
After being under US-based sanctions for years, Huawei is shipping newly developed China-made chips for surveillance cameras. HiSilicon, Huawei's chip unit, supplies chips for Huawei equipments and other customers such as Dahua Technology and Hikvision security
Why is the US govt at risk of another shutdown? What happens next?
Far-right hardliners in the US House, cheered on by Donald Trump, are attempting to undo Speaker Kevin McCarthy’s deal on federal funding levels with President Joe Biden as well as cripple his leadership. History shows shutdown proponents fare poorly when it comes to getting what they want