German chipmaker Infineon has denied a Japanese newspaper report on Monday that it had suspended shipments to Huawei Technologies after the United States slapped export controls on deliveries to the Chinese telecoms company.
According to Reuters Business, Infineon, a maker of power-management chips used in smartphones and cars, said that most of its products were not covered by the U.S. export control restrictions announced by the Trump administration last week.
“As of today, the great majority of products Infineon delivers to Huawei is not subject to U.S. export control law restrictions, therefore those shipments will continue,” Infineon said in a statement.
In the meantime, Spain’s Telefonica is reviewing a U.S. order which hit Chinese telecoms giant Huawei with severe sanctions, to see if it will affect its customers, a spokeswoman for the group said on Monday.
“We are reviewing the details of the executive order to understand any potential implications for our customers,” the spokeswoman said.
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The executive order, which was announced on Wednesday, barred Huawei from acquiring components and technology from U.S. firms without government approval.
Meanwhile, the German Economy Ministry is examining the impact of U.S. sanctions against Huawei Technologies Co Ltd on German firms, a spokeswoman said on Monday.
U.S. President Donald Trump’s administration on Thursday added Huawei to a trade blacklist, immediately enacting restrictions that will make it extremely difficult for the company to do business with U.S. counterparts.
Samson Oyedeyi
