Panasonic says has not stopped supplies to Huawei, still investigating

Send a link to a friend  Share

[May 24, 2019]   TOKYO (Reuters) - Japan's Panasonic Corp said on Friday it has not stopped any shipments of components to Huawei Technologies, a day after it originally called for a halt of transactions in line with a U.S. export controls against the Chinese firm.

"No transactions with Huawei have been suspended at the moment," a Panasonic representative told Reuters. "We are still making checks whether the ban applies to our products."

The Osaka-based company said on Thursday it had "instructed employees to halt transactions with Huawei and its 68 affiliates subject to the U.S. ban."

Its Chinese unit later released a separate statement that it continues to supply to Huawei, stressing that transactions not covered by the ban have been not affected.

(Reporting by Makiko Yamazaki; Editing by David Dolan and Anshuman Daga)

[© 2019 Thomson Reuters. All rights reserved.]

Copyright 2019 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.  Thompson Reuters is solely responsible for this content.

 

 

Back to top