Taipei Times
Date: Dec 11, 2018
By: Lisa Wang  /  Staff reporter

The arrest of Huawei Technology Co (華為) chief financial officer Meng Wangzhou (孟晚舟) in Canada has stoked fears of potential risks for Taiwanese companies in Huawei’s supply chain should the incident unravel a ceasefire in the US-China trade war, Jih Sun Securities Investment Consulting Co (日盛投顧) said yesterday.

Meng, the daughter of Huawei founder Ren Zhengfei (任正非), was arrested on Dec. 1 in Vancouver on an extradition warrant issued by the US on allegations that Huawei tried to evade US sanctions on Iran.

The incident could lead to the US banning imports of Huawei products or stricter restrictions on US manufacturers to limit the sale of key components to the Chinese company as was the case with telecommunications equipment supplier ZTE Inc (中興) earlier this year, Jih Sun said in a report.

US technology heavyweights, including Qualcomm Inc, Intel Corp, Broadcom Inc and Micron Technology Inc, supply chips to Huawei, which was last year the world’s No. 5 chip consumer, according to Gartner Inc, Jih Sun said.    [FULL  STORY]