- Japan, UK Join US Blockade Of China: ARM Tells Staff To Stop Working With Huawei
by Tyler Durden, https://www.zerohedge.com/
Japan and the UK have joined the US trade clampdown on China as technology companies scramble to comply with a May 15 Executive Order signed by President Trump, which governs foreign-made telecommunications equipment deemed a national security risk.
Japanese-owned chip designer ARM Holdings has notified its staff to halt “all active contracts, support entitlements, and any pending engagements” with Huawei and its subsidiaries in order to comply with the recent US clampdown, according to the BBC. Based in the UK and owned by Japan’s Softbank, ARM designs and licenses processors used in all types of electronic devices, including smart phones, tablets, laptops, televisions, automotive systems and more.