Nikkei extends losses as SoftBank tumbles, Huawei arrest jolts chips [Reuters]
TOKYO ELECTRON UNSP/ADR (TOELY)
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Source: Reuters
Nikkei extends losses as SoftBank tumbles, Huawei arrest jolts chips | Reuters 3 Min Read * SoftBank hit by double whammy of Huawei and network disruption * Tokyo Electron, Sumco among heavy losers after Huawei CFO arrest * Huawei 5 most popular phones in Japan - Kakaku.com * Mobile phone parts maker plunge * Defense equipment makers soar after CNN reports on unidentified North Korean missile base By Ayai Tomisawa TOKYO, Dec 6 (Reuters) - Japan’s Nikkei skidded to a two-week low on Thursday as chip-related stocks were hit after Canada arrested a top executive of Chinese tech giant Huawei at the request of the United States, threatening a new spike in Sino-U.S. tensions. Losses intensified later the session as index heavyweight SoftBank Group Corp tumbled, hit by the news about Huawei and a partial disruption to its mobile phone service. The Nikkei share average was down 2.2 percent at 21,436.92 at 0550 GMT, after falling at one point to 21,307.72, its lowest level since Nov. 21. Canad
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