Tuesday, 22 May, 2018

Huawei is being criminally investigated by the US Justice Department

ZTE smart phone US Ban On ZTE Pushes China To Ramp Up Chip Development
| 27 April, 2018, 00:56

Such a probe raises the stakes for Huawei, which is facing a series of actions by Washington to diminish the company's already limited business dealings in the U.S. It could also have spill over effects for its much larger business overseas, particularly in Europe and markets such as Australia where the Federal Government is considering a ban on Huewei supplied 5G networking gear. Still, another setback in the United States market could cause Huawei to throw in the towel and concentrate on other regions.

One in four of Huawei's 263 suppliers a year ago were American, making up the second-largest group of vendors to the Chinese company, according to Bloomberg's data.

NeoPhotonics provides component products to certain ZTE supply chain partners, which are estimated to account for approximately 3 percent of its total revenue in 2017, according to the statement. Under the ban, the China-based smartphone maker can't get hold of Qualcomm chips and it stands to lose its license to use Android.

As a result of that spending, Huawei's HiSilicon unit, a Shenzhen-based fabless semiconductor company, was able to develop the Kirin chip, which has increasingly been used in its namesake handsets.

US authorities last week banned American companies from sales to China's ZTE Corp for seven years, saying the Chinese company had broken a settlement agreement with repeated false statements - a move that threatens to cut off ZTE's supply chain.


Huawei and ZTE have denied these allegations.

The U.S. Justice Department has opened an investigation into suspected violations of Iran sanctions by China's Huawei Technologies, U.S. media reported on April 25. Neither the Justice Department nor Huawei have confirmed that the investigations are taking place.

"Huawei complies with all applicable laws and regulations where it operates, including the applicable export control and sanction laws and regulations of the UN, US and European Union", spokesman Charles Zinkowski said in a statement. It started years ago with the accusation that the Chinese government uses companies like Huawei and ZTE to spy on other countries like the US. Verizon later followed in AT&T's footsteps and dropped plans to sell Huawei phones, according to a Bloomberg report.

Huawei is not the first Chinese company to be investigated for violating Iran sanctions.

"It was a factual update on what happened, what they've done since the order was put in place, and what they're doing to remedy the situation", a Semiconductor Industry Association spokesman said.

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