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May 16, 2019 05:31 am GMT

Tech stocks slide on US decision to blacklist Huawei and 70 affiliates

The United States has been lobbying for months to prevent its western allies from using Huawei equipment in their 5G deployment, and on Wednesday, Washington made it more difficult for the Chinese telecom titan to churn out those next-gen products. The U.S. Department of Commerce announced that it will add Huawei and its 70 affiliates […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/3La2s7k_t_g/

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