‘Bullying’ of Huawei: China lodges protest with U.S.

Huawei-deputy-chairwoman-Sabrina-Meng-Wanzhou-detained-by-Canada-at-e1544050848863

Meng Wanzhou

Sabrina Meng Wanzhou, Huawei’s CFO arrested in Canada

China has lodged “solemn” protests with the U.S. over the “bullying’’ of technology giant Huawei, the Commerce Ministry said on Thursday, dpa/NAN reported.

“The best response to the U.S. bullying is that Chinese companies continue to grow and develop,” Commerce Ministry spokesman, Gao Feng, said.

China’s comments come as more foreign firms are responding to pressure from U.S. sanctions on Huawei.

Japanese electronics company Panasonic said on Thursday it was planning to suspend the provision of some components to the Chinese technology giant.

Panasonic said in a short statement “that it should suspend transaction with Huawei and its 68 affiliates that were banned by the U.S. government.’’

Panasonic is now examining which products could be subject to U.S. sanctions.

Japanese mobile operators have also put the sale of new Huawei devices on hold or do not want to accept new orders out of concern that Google could no longer provide services such as Android to the Chinese company.

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Even the British chip designer ARM, which belongs to the Japanese company Softbank, has discontinued its business relationship with Huawei, according to a report by the BBC.

Without a licence from the British, Huawei will not be able to develop ARM-based processors.

Huawei’s own Kirin processors for mobile phones are based on ARM architecture.

Huawei founder Ren Zhengfei told Chinese economic magazine Caixin that ARM’s cooperation with Huawei will have “no impact” on the telecom giant.

The interview later disappeared from Caixin’s website.

Tokyo’s stock market slumped on Thursday amid concerns over the impact of the Huawei sanctions on Japanese suppliers.

The Nikkei index for 225 leading stocks lost 0.6 per cent of its value to reach 21,151.14 points.