Motilal Oswal
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Motilal Oswal
Business

Blacklist mess: Huawei's $105 billion business at stake after US broadside

Updated : May 16, 2019 04:45 PM IST

The Trump administration has said it would add Huawei Technologies and 70 affiliates to its “Entity List” - a move that will likely ban the firm from acquiring US components and technology without government approval, adding another incendiary element to the US-China trade war.
A similar US ban on China’s ZTE Corp had almost crippled business for the smaller Huawei rival early last year before the curb was lifted.
Blacklist mess: Huawei's $105 billion business at stake after US broadside
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