Dubai World Cup
One More Night
Maroon 5
Listen to Virgin Radio
Listen Live

Panasonic 'suspends transactions' with Huawei after US ban

Thursday, 23 May 2019 15:29

FRED DUFOUR / AFP

Panasonic has joined a growing list of companies to suspend ties with Huawei after a US ban over security concerns.

"We’ve stopped all business transactions with Huawei and its 68 group companies... that are subject to the US government ban," said Panasonic spokesman Joe Flynn.

Panasonic's dealings with Huawei involved supplying "electronic parts" to the company, but Flynn declined to provide further details.

The decision came a day after four major Japanese and British mobile carriers said they would delay releasing new Huawei devices.

Share

More from Business News

  • UK's Jaguar Land Rover to halt US shipments over tariffs

    Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, it said on Saturday, as it considers how to mitigate the cost of President Donald Trump's 25% tariff.

  • US starts collecting Trump's new 10% tariff

    U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.

  • Nasdaq set to confirm bear market as Trump tariffs trigger recession fears

    The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.

  • Dana Gas and Crescent Petroleum exceed 500M boe in Khor Mor field

    UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).

On Virgin Radio today

Trending on Virgin Radio

Our Shows

Text us on WhatsApp

More from VRD

Virgin, Virgin Radio and the Virgin Signature and Virgin Radio logos are trademarks of Virgin Enterprises Limited and are used under license.
For more information on Virgin Radio International visit www.virginradio.com

© 2025 ARN and Aiir. All Rights Reserved.