Japan reported to effectively exclude Huawei, ZTE from supplying infrastructure products

According to reports by Kyodo News and SCMP

The reports suggest that Huawei and ZTE will be excluded from the country's 5G roll-out citing security concerns. It was already seen coming after reports last week suggested it here.

Not exactly the kind of headlines that market participants will be cheering as US-China trade relations continue to be cast in doubt after the arrest of Huawei's CFO last weekend.

investingLive Premium
Telegram Community
Gain Access