Picture of SB Technology logo

4726 — SB Technology News Story

0.000.00%
jp flag iconLast trade - 00:00
TechnologyBalancedSmall CapSuper Stock

UK chip designer ARM says complying with U.S. rules after Huawei report

LONDON, May 22 (Reuters) - British-based chip designer ARM
said on Wednesday it was complying with all the latest U.S.
government regulations after the BBC reported it had suspended
business with China's Huawei HWT.UL .
    The BBC said ARM had instructed employees to halt "all
active contracts, support entitlements, and any pending
engagements" with Huawei and its subsidiaries after the United
States added Huawei to a list of companies with which U.S. firms
could not do business.  urn:newsml:reuters.com:*:nL5N22Y2QO
    "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."

 (Reporting by Michael Holden, editing by Paul Sandle)
 ((michael.holden@thomsonreuters.com; +44 207 542 3213; Reuters
Messaging: michael.holden.thomsonreuters.com@reuters.net))

Recent news on SB Technology

See all news