Tuesday, 26 May, 2020, 2:20 AM
latest
Home Business

Huawei cancels laptop launch because of US trade blacklist

Published : Wednesday, 12 June, 2019 at 9:46 PM  Count : 474

Richard Yu had been expected to unveil a new laptop at the CES Asia 2019 tech show in Shanghai

Richard Yu had been expected to unveil a new laptop at the CES Asia 2019 tech show in Shanghai


Huawei has ditched a product launch for the first time since the US placed it on a trade blacklist.

It was reported that the Chinese tech firm had intended to unveil a new laptop as early as this week, BBC reports.

However, its consumer device chief Richard Yu told CNBC that it had become "unable to supply the PC".

"[It's] unfortunate," he added via a WeChat message to the business news network. He added that the product itself might have to be scrapped.

"[It] depends on how long the Entity List will be there," he wrote.

This refers to a list of foreign parties that the US Department of Commerce has judged to pose a potential national security or foreign policy threat.

Specifically, Huawei is accused of having committed bank fraud to evade Iran sanctions, and obstruction of justice, among other violations.





As a result, other companies with business activities in the US have been forbidden to sell or transfer technologies to the Shenzhen-based firm unless they have a special licence.

Huawei denies any wrongdoing, and has said that claims its poses a security threat are "unsubstantiated".

Related Topics

Huawei   US trade blacklist  




« PreviousNext »



Latest News
Most Read News
Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000. Phone :9586651-58. Online: 9513959, 01552319639, Advertisement: 9513663
E-mail: [email protected], [email protected], [email protected], [email protected],   [ABOUT US]     [CONTACT US]   [AD RATE]   Developed & Maintenance by i2soft