Latest update June 24th, 2019 12:00 AM
Latest News
- UN: Hong Kong Should Consult Broadly on Extradition Bill
- In Taiwan, Airline Employees Go on Strike for Second Time this Year
- In Taiwan, Airline Employees Go on Strike for Second Time this Year
- Kim Jong Un Praises ‘Excellent’ Letter From Trump
- Experts: XiKim Talks Without Denuclearization Road Map Are Just Talk
Huawei turns to Asian parts suppliers amid US crackdown
Huawei is turning to the Asian market, namely South Korea, Japan and Taiwan, to surpass the difficulties the company is facing after US corporations, such as Google and Microsoft as well as major semiconductor makers, including Intel, Qualcomm, Xilinx and Broadcom, cut ties with the Chinese tech giant, Trend reports citing Sputnik.
Representatives of the Chinese company arrived last Thursday to South Korea to meet executives from Samsung Electronics, SK Hynix and LG Display and discuss longterm supply contracts for smartphones parts, Huawei Korea said on Monday.
The results of the recently introduced US sanctions against Huawei are already showing up, especially on the secondhand market. Thus, British usedphone vendor musicMagpie is selling the company's secondhand P30 Pro model that went on the market a month ago at oneninth of the price of a new one.
On 15 May, Trump issued an executive order, essentially banning Huawei from the US market for purportedly posing a national security risk. Huawei has recently faced allegations that the company is linked to the Chinese government and has spied on its behalf. Although both Huawei and the Chinese government have firmly denied these claims, Australia, Japan, New Zealand and the United States banned Huawei from participating in government contracts in 2018.
Source: TREND News Agency
