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Stock impact report

The Wall Street Journal: Huawei postpones new laptop launch as U.S. ban starts to weigh [MarketWatch]

Microsoft Corporation (MSFT) 
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Company Research Source: MarketWatch
Huawei postpones new laptop launch as U.S. ban starts to weigh HONG KONG—China’s Huawei Technologies Co. canceled the launch of a new laptop and paused production at its personal-computer business due to restrictions on buying U.S. components, according to a person familiar with the matter. The moves marks Huawei’s first tangible setback caused by the U.S. Commerce Department’s move to ban American companies from selling supplies to the Chinese company. Huawei, the world’s No. 2 smartphone brand, has a relatively small and new personal-computer business. It makes three laptops, the first of which made its debut in 2016. It relies on Microsoft Corp.’s Windows operating system and Intel Corp.’s chips. An expanded version of this report can be found at WSJ.com Also popular on WSJ.com: Chinese cash that powered Silicon Valley is suddenly toxic Waldorf Astoria to sell condos, as Chinese owners shrug off glut Show less Read more
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