Panasonic 'Suspends Transactions' With Huawei After US Ban

Japan's Panasonic has said it is scrutinizing whether any of its products break U.S. restrictions on trading with Huawei. 'Panasonic announced in [an] internal notification that it should suspend transactions with Huawei and its 68 affiliates that were banned by the U.S. government,' the company said in a statement provided to the BBC. From the report: Panasonic caused confusion earlier by appearing to announce that it had suspended business with Huawei. But it later said that business operations that were not in breach of U.S. regulations would continue to trade normally with Huawei. 'Panasonic will continue to strictly abide by the laws and regulations of the countries and regions in which we conduct business,' it said.

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