Under investigation: A Huawei employee looks up as he walks toward the company’s headquarters in Shenzhen. The US Justice Department is investigating whether Huawei violated US sanctions related to Iran, according to the Wall Street Journal. — AP
THE ground is shaking. After the US slapped ZTE Corp with a seven-year ban on component purchases from American suppliers, no one knows how to value China’s technology hardware companies any more.
The latest casualty is Huawei Technologies Co.
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