Japanese conglomerate Panasonic Corp joined a growing list of global companies that is disengaging from Huawei Technologies Co Ltd, the world's second-largest seller of smartphones and the largest telecom-gear maker, saying it had stopped shipments of some components.
Research firm IDC said Honor had been a successful model for Huawei, with an appeal that went beyond the young customer they were targeting. Huawei handphones run on different operating systems for units sold within China and outside of the country.
However, Zhengfei remained optimistic that the ban may not impact Huawei's business much.
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 United States ban over security concerns.
Trump's moves came days after he increased tariffs on US$200 billion in Chinese goods, prompting Beijing to hike duties on US$60 billion in American products.
The U.S President Donald Trump blocked Huawei from purchasing US goods last week by saying that the company was involved in the activities, which are contrary to the national security. The company's online store no longer has the product listing for the Huawei laptop. Europe and China are instead its biggest markets.
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Yet the U.S. Department of Commerce on Monday issued a 90-day temporary license, effective from May 20 to August 19, which allows "specific limited engagement in transactions involving the export, reexport, and transfer of items" to Huawei. Consumers outside of China, who are used to using Google's suite of apps, are less likely to make the switch than Chinese users, Mr. Jia said.
Washington's restrictions affect products made fully or partially in the United States, where Panasonic manufactures some of its components, or those that contain some USA technology. Vodafone said that it may be a temporary measure as they are reviewing the "uncertainty" surrounding new Huawei devices and probably Huawei itself.
The BBC reported on Wednesday that ARM had instructed employees to halt "all active contracts, support entitlements, and any pending engagements" with Huawei.
It is heard that reason why ARM made a decision to halt its business with Huawei is because ARM's technologies are affected by fundamental technologies of American businesses and restraint of trade measure by U.S. Government.
The threats came as China told the USA to correct its "wrong actions" in order for trade talks to continue, after President Donald Trump signed an executive order blacklisting Huawei due to fears its equipment could be used for spying.
Sidwell Medupe, the Department of Trade and Industry spokesperson, told media that South Africa's relationship with Huawei won't change.
The US Huawei trade ban has been quite the roller coaster, and it's nowhere near over.