Panasonic joins firms stepping away from Huawei after US banBy The Manila TimesTOKYO: Japan’s Panasonic on Thursday said it would stop supplying some components to Huawei, joining a growing list of firms distancing themselves from the Chinese telecoms giant after a US ban over security concerns. “We’ve stopped all business transactions with Huawei and its 68 group companies… that are subject to the US government ban,” Panasonic spokesman Joe Flynn told AFP. Flynn said Panasonic’s business with Huawei includes the supply of “electronic parts,” but declined to provide further details. Last week, US President Donald Trump declared a national emergency to bar US companies from using foreign telecoms equipment deemed a security risk. The US Commerce Department has also announced an effective ban on US companies selling or transferring US technology to Huawei.

Source: Manila Times May 23, 2019 05:26 UTC