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-0.0390799464046449 -0.0419830281375615 -0.0417597141581062 -0.0460026797677535 -0.0443278249218401 -0.0408664582402858 -0.0341670388566324 -0.0404198302813757
Stock impact report

Google blocks Huawei's Android use after Trump blacklist [CNN]

TENCENT HLDGS UNSP/ADR (TCEHY) 
NASDAQ:AMEX Investor Relations: tencent.com/en-us/investor.html
Company Research Source: CNN
Google may just have killed Huawei's bid to become the world's top smartphone brand The move is a huge blow to Huawei, whose goal is to be the top smartphone brand by the end of 2020. Last week, the Trump administration barred American companies from selling to Huawei without a US government license in a significant escalation of the trade war with China. "We are complying with the order and reviewing the implications," a Google spokesperson said on Monday. Huawei, the world's No. 2 smartphone seller, relies on a suite of Google ( GOOGL ) services for its devices, including the Android system and the Google Play app store. The Silicon Valley giant is suspending much of that access, according to multiple reports , after Washington placed Huawei on a list of foreign firms deemed to undermine American national security or foreign policy interests. Listed companies are barred from receiving components and software unless the trade is licensed. Existing Huawei phones unaffected Huaw Show less Read more
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