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ARM Joins Firms Shunning Huawei's Business

E-Commerce Times Thursday, 23 May 2019
ARM Joins Firms Shunning Huawei's BusinessBritish mobile device software design firm ARM has ordered its staff to stop working with Chinese smartphone giant Huawei, in compliance with a ban issued by President Trump. Under an executive order he signed last week, foreign companies and individuals are prohibited from buying United States technology and services without first obtaining special approval from the U.S. government.
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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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