The impact of the Trump administration’s threats to choke Huawei Technologies Co. Ltd reverberated across the global supply chain on Monday, hitting some of the biggest component makers. Chipmakers including Intel Corp., Qualcomm Inc., Xilinx Inc. and Broadcom Inc. have told their employees they will not supply Huawei till further notice, according to people familiar with their actions. European semiconductor makers, however, said they would still keep on supplying to Huawei. To be sure, Huawei is said to have stockpiled enough chips and other vital components to keep its business running for at least three months. The US firms’ moves will likely escalate tensions between Washington and Beijing, elevating fears that President Donald Trump’s goal is to contain China.

Source: Mint May 20, 2019 16:30 UTC