Huawei has cancelled its planned launch of a new laptop due to a recently imposed U.S. ban that forbids the company from buying parts from U.S. companies without a special government approval.
Huawei business consumer group CEO Richard Yu told CNBC that the company planned to launch a new MateBook product, but has now put those plans on hold — indefinitely.
SEE ALSO: Huawei seeks to have U.S. equipment ban ended in the courts
Yu called the situation “unfortunate.” He could not provide a later date for the launch, saying it depends on how long Huawei will be blacklisted by the U.S.. If Huawei stays on the U.S. “entity list” for a long time, the new MateBook might be scrapped altogether, he said. Read more…
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