"Apple Face ID Parts Supplier Lumentum Holdings Inc followed Google on Monday to squeeze on the business it does with Huawei Technologies, after US President Donald Trump imposed the Chinese firm on national security areas" Paul Sandle reports for Reuters . "One source told Reuters on Sunday that Google had suspended business with Huawei, which requires hardware, software, and technical services to be transferred, except those available through open source licensing."

"Lumentum, seen in the industry as a major supplier of Apple's Inc.'s Face ID technology, said it stopped shipping to Huawei and can't predict when it would be able to resume it," Sandle reports. "Huawei represented 1

8% of its total revenue in its last reported quarter and cut its fourth-quarter revenue forecast to between $ 375 million and $ 390 million from a previous $ 405 million to $ 425 million."

"Almost half of 208 million phones Huawei shipped in 2018 went off the mainland, and Europe is the main foreign market where the units had a market share of 29% in the first quarter of 2019," said technology research firm IDC. Google loss was likely to cost Huawei Throughout his smartphone sales outside China, "unit purchases are now almost entirely driven by the ecosystem," another business analyst, Richard Windsor, said, "Sandle reports. "Founder and CEO Ren Zhengfei said Saturday that Huawei's growth" may be slow, but only a little "due to US restrictions, and that it would be fine, although Qualcomm and other US suppliers would not sell that chips." [19659003] Read more in the whole article here.

MacDailyNews Take: Ren Zhengfei is obviously from the school to RIM's old consultants Mike Lazaridis and Jim Balsillie: The University of Denial.

] Related articles:
President Trump's Huawei ban could end Android as we know it and possibly have a lasting effect on Apple – May 20, 2019
Huaweis's mockery Apple over 5G chip-sourcing did not & # 39; t age good – May 20, 2019
Google quits Huawei's Android license after Trump administration blacklist – May 20, 2019
Trump administration blacklists Huawei puts Apple at risk of retaliation from China – May 16, 2019
The Media Is Right For You About President Trump's China Tariffs – May 15, 2019
Analyst: Overloading Apple Investors for the US and China Commercial War and the Supreme App Store – May 14, 2019
Apple, Deere & Co, retail in focus when the US publishes new tariff list – May 14, 2019
Gene Munster: Apple probably saved from China tariffs – May 10, 2019
Apple shares fall 7% in the week of fear China trade threat threatens iPhone Sale – May 10, 2019
Apple's iOS 13 rumor to release support for iPhone 6, iPhone SE and iPhone 5s – May 10, 2019
Apple is not yet damaged by China tariffs and is likely to just absorb the extra cost – May 10, 2019
Apple avoids temporary new tariffs while the trade war between the United States and China escalates – May 10, 2019
Dow futures fall after President Trump's "absolutely do not need to hurry" on China Trade Deal – May 10, 2019
] China overplayed his hand with US President Trump on trade, and it cou ld cost them dear – May 9, 2019
Apple CEO Tim Cook optimistic about trade negotiations in the US and China – February 12, 2019
President Trump says the US is fine in trade negotiations with China – January 23, 2019
China's growth in 2018 slows down to 28 years, more stimulus seen – January 22, 2019
Apple CEO Tim Cook: I am very optimistic about trade negotiations in the US and China – January 8, 2019
Counselor for President Trump: Apple's Sales Will Pick Up When the US China Happens Trade Agreement – January 3, 2019