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Panasonic joins firms stepping away from Huawei after US ban

24 7 0
23.05.2019

JAPAN’S Panasonic on Thursday said it was halting business with 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 5G Huawei handsets.

“We’ve stopped all business transactions with Huawei and its 68 group companies… that are subject to the US government ban,” Panasonic spokesman Joe Flynn told AFP.

“Yesterday an internal instruction to fully enforce that rule was issued,” he added.

Flynn said Panasonic’s business with Huawei involves the supply of “electronic parts,” but declined to provide further details.

Washington’s restrictions affect products made in the United States, where Panasonic manufactures some of the components it supplies to Huawei, the Japanese firm said.

SEE ALSO: US fires arrow into Huawei’s Achilles heel

The decision raises the pressure on Huawei after US President Donald Trump last week declared a national emergency to bar US companies from using foreign telecoms equipment deemed a security risk.

The move appeared aimed at Huawei, though the White House said no........

© Asian Correspondent