Panasonic suspends transactions with Huawei

Panasonic suspends transactions with Huawei

TOKYO: Japanese consumer electronics giant Panasonic has announced the suspension of all transactions with Chinese telecommunications company Huawei in the wake of the US’ decision to add the company to the list of companies considered as a threat to the US national security.

The FNN broadcaster reported that the Japanese company had suspended all transactions involving Huawei and 68 companies affiliated with it.

On Wednesday, two Japanese mobile operators postponed the upcoming launch of Huawei smartphone sales in the light of Google banning software updates for devices made by the Chinese telecom giant. Google cut off Huawei’s access to updates of its Android operating system on Monday.

Another Japanese company, NTT Docom, has stopped accepting pre-orders for Huawei devices.

Last week, US President Donald Trump issued an executive order adding Huawei and its 70 affiliates to a trade blacklist, thereby restricting its activity in the country. From now on, US companies are required to receive permission for trading with the telecom company.

As a result, Google had to suspend business operations with Huawei, including the transfer of hardware, software and technical services, except those publicly available via open source licensing.

Bernama

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HuaweiPanasonicUS-China trade war