U.S. Move To Isolate Huawei Sends Ripples Through Global Supply Chain

Asian shares were mixed Thursday as worries remained about trade tensions tempered by media reports that President Dona

The new networks are critical to reaching data transmission speeds needed to support future "internet of things" applications, such as driverless cars.

Given the assumptions that had underlaid globalization and U.S.

Foreign companies that rely on US firms for 25 percent or more of their components probably would also be subject to the disclosure requirements, said Reinsch.

Huawei denies its products pose a security threat and says it is ready to engage with the US.

The Trump administration has pressured its allies to preemptively ban Huaweiequipment from their5G networks, with limited success.

According to state-owned TV network CGTN, Gao also asked the U.S. to respect market economy rules and build a transparent and unbiased commercial environment for foreign companies. While many countries around the world share Washington's suspicion - even hostility - towards Beijing, they are unwilling to take the economic hit that openly standing apart from China would entail.

The US has urged allied governments to exclude Chinese companies such as Huawei from the 5G expansion over concerns the Chinese government could use the equipment as a backdoor for spying. "American officials say he would have no choice: Chinese law requires that the country's firms obey instructions from the nation's Ministry of State Security".

The company's flagship smartphone, the Mate 20 Pro, includes chips made by Skyworks Solutions Inc. and a wireless receiver made by Integrated Device Technologies, both USA companies. In short, it would allow officials to block any transaction involving technology developed by a foreign adversary. Using Huawei's vulnerability to American suppliers as another weapon would only worsen matters.

Boeing completes software update on 737 Max planes
Once that package is finalized, the FAA will schedule a flight test of the 737 Max's new software by its pilots, the agency said. We continue to seek information on the design, training and certification of the Boeing 737 MAX.

USA orders embassy staff to leave Iraq over Iran 'threats'
Saudi-owned Al-Arabiya news channel said that United States forces were present at the camp during the attack. Major General Christopher Ghika was speaking via video-link from Baghdad during a Pentagon news conference.

In southern Afghanistan, NATO airstrikes kill up to 18 police officers

"There is time for the United Kingdom government...to reconsider the Huawei decision", said Sir Richard Dearlove in a report by the Henry Jackson Society.

Meng faces extradition to the United States on charges that she conspired to defraud global banks about Huawei's relationship with a company operating in Iran. The United States will certainly consider issuing new regulations that aim to limit the amount of sensitive USA technology that makes its way to China and helps Chinese companies - indeed, it's still rolling out new export control rules on emerging technologies - but Washington can not unravel the dense network of the global tech sector on its own.

Representatives for US suppliers, who did not want to be identified, said they were unsure about the lasting impact of the Huawei ban on their operations. He was referring to the thousands of antenna stationsthat will process 5G bandwidth. Huawei will have to procure parts from USA firms like Xilinx, Texas Instruments and Analog Devices, according to Simpson.

For small optical vendors that count Huawei as a major customer, such an export ban would be devastating.

The company became the world's third-largest buyer of semiconductors a year ago.

Huawei relies on American suppliers such as Qualcomm, Intel and Oracle for semiconductors and software and restrictions on buying from them could result in product delays for telecommunications equipment more widely used in regions such as Europe, the report said. Analysts believe this strategic reserve of electronic parts could sustain Huawei for another year without new purchases from the U.S. Thirty-three of them are from the U.S., including chip giants Qualcomm Inc and Intel Corp.

Huawei has also poured significant investment into the development of its own advanced microprocessors through its chip design subsidiary HiSilicon.

Apparently this spending spree includes 35 higher education institutions around the United Kingdom, which will probably come as a surprise to Oxford University, which stopped accepting the Chinese company's cash in January.

Related:

Comments

Latest news

Taiwan is First in Asia to Legalize Same-Sex Marriage
Taiwan goes to the polls in January and the gay marriage issue could hamper Tsai's chances of re-election. But most legislators who spoke Friday advocated some measure of protection for same-sex couples.

This is how Samsung may fix the Galaxy Fold foldable smartphone
Verizon has touted its 5G Home service that will put faster 5G wireless speeds inside homes with downloads of 1Gbps promised. It even frequently dropped back down to 4G LTE mid-test. 5G is meant to complement it for the next couple of years.

Brooks Koepka off to record-setting start at PGA Championship
He is the ninth player to open a major with 63, and only two of them went on to win: Jack Nicklaus at Baltusrol in the 1980 U.S. All it took was one word for Rory McIlroy to sum up his Friday rebound at the PGA Championship .

Trump proposes new immigration plan favouring skills over family
While potentially more detailed, this proposal is less comprehensive than previous offers by Trump and his administration. But far more would go to exceptional students, professionals and people with high-level and vocational degrees.

Missouri Senate passes bill to ban abortions after eight weeks
By the time this case could even get to the Supreme Court , if the Supreme Court wants to revisit Roe v. The Ohio law we've challenged today flies in the face of that precedent and of the Constitution.

Grumpy Cat, whose scowl launched a million memes, dies age 7
Grumpy Cat attends the premiere of Disney's "Cinderella" at the El Capitan Theatre on 1 March 2015 in Hollywood, California. Grumpy Cat died on Tuesday, May 14 after complications arose from a urinary tract infection, her family shared on Twitter .

China confirms arrests of Canadians detained amid Huawei spat
Interested in China? Add China as an interest to stay up to date on the latest China news, video, and analysis from ABC News. Another Canadian held in China, Robert Schellenberg, was re-sentenced to death in a drug case following Meng's detention.

Manchester City's Pep Guardiola writes in the FA Cup Final programme
It started back in January with the win over Rotherham and in total we've won five games, scoring 20 goals along the way. Gundogan is about to enter the final year of his contract, a situation City routinely try to avoid with their players.

Can de Blasio win? Why NYC mayors never become president

Feds say Autopilot was engaged in fatal Tesla vs. semi crash
In a statement, a Tesla spokesperson said that the company provided NTSB with the vehicle log data shortly after the crash. Banner's hands hadn't touched the wheel from less than 8 seconds before the crash, according to vehicle data.

Huawei's $105 billion business at stake after USA broadside
If Huawei has to do business with other suppliers, Purdy warns that US workers may be hurt along the way. The new rules require Huawei to get USA government approval to buy American technology, said Kevin Wolf.

Pokémon Go-like Minecraft Earth game announced, closed beta launching this summer
If you're the parent of an Xbox Live child account, you will be able to use elevated privacy controls to protect youngsters. As long as you have enough phones (or tablets with SIM cards), this is going to be a fascinating new family activity.

US Nears Removal of Tariffs on Canada, Mexico Metals
Now, it appears the uncertainty hanging over the auto industry will continue to hover around for a couple more months. The car inquiry covered imports of vehicles including SUVs, vans and light trucks, as well as auto parts.

'Shame on you'-- Rihanna slams Alabama governor for banning abortion
The new law has been described as the nation's most restrictive abortion legislation under the Alabama Human Life Protection Act . The typical provision in other states is to allow abortions until 24 weeks or often later.

Face Off Against Fellow Bounty Hunters in Fortnite’s John Wick Tie-in Event
A pickaxe called Simple Sledge is also on sale as part of the John Wick set, but it's sold separately for 500 V-Bucks. The top three Bounty Leaders with the most coins are displayed on a HUD scoreboard.

Other news