Japanese tech giants Panasonic on Thursday parted its way from Huawei saying, “it was a stumbling business.” After a US ban over security concerns on telecom companies, there growing list of firms distancing themselves from Chinese telecoms.
The announcement came a day after four major British and Japanese mobile carriers said they would delay releasing new 5G Huawei handsets. Panasonic spokesman Joe Flynn said, "We've stopped all business transactions with Huawei and its 68 group companies, that are subject to the US government ban.”
"Yesterday (Wednesday) an internal instruction to fully enforce that rule was issued," he added.
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Flynn said Panasonic's business with Huawei involves the supply of "electronic parts," but declined to provide further details.
Last week, decision made by US President Donald Trump raises the pressure on Huawei declared a national emergency to bar US companies from using foreign telecoms equipment deemed a security risk.
As per White House, the move appeared pointing Huawei, though no particular company or country was targeted.
The decision made my President Trump encouraged many firms to step back from dealings with Huawei, including US internet giant Google, whose Android powers most of the world Smartphones.
And on Wednesday mobile carriers in Britain and Japan said they were delaying releases of Huawei handsets.