World News: 14:51 GMT Thursday 23rd May 2019. [Yahoo Business News Feed via SPi World News]
Japanese conglomerate Panasonic Corp joined a growing list of global companies that is disengaging from Huawei Technologies Co Ltd, the world's second-largest seller of smartphones and the largest telecom-gear maker, saying it had stopped shipments of some components. Its move came a day after British chip designer ARM said it had halted relations with Huawei to comply with the U.S. supply blockade, potentially crippling the Chinese firm's ability to make new chips for smartphones. Huawei uses ARM blueprints to design the processors that power its smartphones.
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