Huawei says 'pernicious' US chip restrictions threaten global economy | The Guardian Nigeria News - Nigeria and World News

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“The decision was arbitrary and pernicious and threatens to undermine the entire (technology) industry worldwide,” a Huawei spokesman said. Huawei GlobalEconomy

Chinese technology giant Huawei on Monday assailed the latest US move to cut it off from semiconductor suppliers as a “pernicious” attack that will sow chaos in the global technology sector and other industries.

Huawei, which has largely weathered an escalating 18-month campaign by the Trump administration to isolate it internationally, said its business “will inevitably be affected” by the new American salvo.

Source: Financial Digest (financialdigest.net)

 

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