DAA Daily

Panasonic stops business with Huawei

Japan’s Panasonic is halting business with Huawei following US restrictions on the Chinese tech-giant. “Panasonic announced in an internal notification that it should suspend transactions with Huawei and its 68 affiliates,” the firm said in a statement.

The US government put Huawei on its “entity list” of companies which domestic companies are banned from trading without a license. Huawei’s founder Ren Zhengfei has remained defiant towards the curb, saying that the US is underestimating its abilities and implied that the company already has made plans ahead of US bans.

But the Chinese firm is facing hostility from Western countries over potential risks of using its products.

Google has exempted Huawei from some of the updated Google Play services in the next version of Android that will be launched later this year. This means that Huawei phones may not have YouTube and Google Maps in the near future.

Japan’s Softbank and KDDI announced that they will stop selling Huawei products, and UK chip-designing company ARM decided to suspend business with the Chinese company.

The US restrictions escalated the tensions in the US-China trade war, and early signs suggest its effect would be significant to Huawei.

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