British chip designer ARM has halted relations with Huawei [HWT.L] in order to c...
LONDON - British chip designer ARM has halted relations with Huawei [HWT.L] in order to comply with a United States blockade of the company, potentially crippling the Chinese company’s ability to make new chips for its future smartphones.
“ARM is complying with all of the latest regulations set forth by the U.S. government,” an ARM spokesman said in a statement. “No further comment at this time.” The United States blocked Huawei from buying U.S. goods last week, jeopardizing ties with Google, which provides the Android operating system and services like Gmail and Google Maps, as well as hardware partners such as ARM.
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