'The U.S. is leveraging technological strengths to crush companies outside its own borders. This will only serve to undermine the trust international companies place in US technology,' Huawei said.
the firm
echoed China's stance, saying the U.S. move will have a"serious impact on a wide number of global industries." It admitted that the business will"inevitably" be affected by the ban and said it is weighing its options. The company's statement continued:"In the long run, this will damage the trust and collaboration within the global semiconductor industry which many industries depend on, increasing conflict and loss within these industries.
"The U.S. is leveraging its own technological strengths to crush companies outside its borders. This will only serve to undermine the trust international companies place in U.S. technology and supply chains. Ultimately, this will harm U.S. interests. "We will try all we can to seek a solution. We hope that our customers and suppliers will continue to stand with us and minimize the impact of this discriminatory rule."at their main UK offices in Reading, west of London, on January 28, 2020.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TSMC stops new Huawei orders after U.S. restrictions: NikkeiTaiwan Semiconductor Manufacturing Co Ltd has stopped new orders from Huawei Technologies [HWT.UL] in response to Washington's move aimed at further limiting chip supplies to the Chinese company, the Nikkei reported on Monday, citing multiple sources.
Read more »
China warns US of 'all necessary measures' over Huawei rulesBEIJING (AP) — China’s commerce ministry says it will take “all necessary measures” in response to new U.S. restrictions on Chinese tech giant Huawei’s ability to use American technology, calling...
Read more »
China asks United States to stop 'unreasonable suppression' of Huawei - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
China says opposed to latest U.S. rules against HuaweiChina's commerce ministry said on Sunday it is firmly opposed to the latest rules by the United States against Huawei and will take all necessary measures to safeguard Chinese firms rights and interests.
Read more »
China warns U.S. of 'all necessary measures' over Huawei rulesChina’s commerce ministry says it will take “all necessary measures” in response to new U.S. restrictions on Chinese tech giant Huawei’s ability to use American technology, calling the measures an abuse of state power and a violation of market principles.
Read more »