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Huawei cuts orders to key suppliers after U.S. blacklisting: Nikkei
Reuters ^ | 06/05/2019 | Reuters

Posted on 06/05/2019 6:46:58 PM PDT by SpeedyInTexas

China's Huawei Technologies Co Ltd has cut or canceled 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.

(Excerpt) Read more at yahoo.com ...


TOPICS: News/Current Events
KEYWORDS: huawei; taiwansemiconductor
Reduced orders by "20% to 30%". Ouch. They are planning for significantly slower sales. Ouch. Ouch.
1 posted on 06/05/2019 6:46:58 PM PDT by SpeedyInTexas
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To: SpeedyInTexas

I am sure Joe Biden will be getting a big donation in the form of “Speaking Fees” from his Chinese buddies. Of course there will be no mention of collusion in the fake news media.


2 posted on 06/05/2019 6:50:09 PM PDT by TonyM (Score Event)
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To: SpeedyInTexas

This is such an obvious source for military and industrial spying, how did it get started?? How long has it been going on?? Who in the US is the “go to guy” for them?? What specific confidential information do we know transferred by this company to the Chinese??


3 posted on 06/05/2019 6:52:09 PM PDT by elpadre (AfganistaMr Obama said theoal was to "disrupt, dismantle and defeat al-hereQaeda" and its allies.)
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To: SpeedyInTexas

Put the screws to them.


4 posted on 06/05/2019 6:52:27 PM PDT by Rio
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To: elpadre

The question is who ARE the go to guys. Anybody that is against the tariffs on China for starters.


5 posted on 06/05/2019 7:08:31 PM PDT by HighSierra5
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To: SpeedyInTexas

Are their phone prices going down yet?


6 posted on 06/05/2019 7:31:41 PM PDT by montag813
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To: elpadre

All their product is compromised. Not to mention that every one of these china companies has a communist party intelligence officer (spy) in a corner office that they have to report to. And oh, they have to turn over all their data, including customer data, to the government, under law. I wont even go into their blatant patent and copyright violations.


7 posted on 06/06/2019 7:12:04 AM PDT by KC_Conspirator
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To: KC_Conspirator

sounds like that which Obama was doing. Placing his own commissars in corner offices throughout government agencies and the DOD, reporting upward.


8 posted on 06/06/2019 1:19:32 PM PDT by elpadre (AfganistaMr Obama said theoal was to "disrupt, dismantle and defeat al-hereQaeda" and its allies.)
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