China calls out U.S. ‘wrong actions’ as Huawei ban rattles supply chains [Toronto Globe and Mail (Ontario, Canada)]
SentinelOne, Inc. Class A (S)
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Source: Toronto Globe and Mail
China calls out U.S. ‘wrong actions’ as Huawei ban rattles supply chains Beijing said Washington needs to correct its “wrong actions” for trade talks to continue after the U.S. blacklisted Huawei, a blow that has rippled through global supply chains and battered tech shares as investors feared a looming technology cold war. Japanese conglomerate Panasonic Corp on Thursday joined the growing list of global companies which have said they are disengaging with 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. Its move came a day after British chip designer ARM said it had halted relations with Huawei to comply with the U.S. supply blockade, potentially crippling the Chinese firm’s ability to make new chips for its future smartphones. Huawei uses ARM blueprints to design the processors that power its smartphones. Story continues below advertisement “If the United States wants
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