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Samsung and LG deal a heavy blow to Huawei – Business

South Korea’s technology giants Samsung Electronics and LG Display will stop supplying smartphone panels to Huawei Technologies due to US sanctions, local media Chosun Biz reported on Wednesday.

According to the same information, the decision of the companies will take effect in mid-September. Samsung declined to comment on the move, while LG said it would have minimal impact on its business.

Last month, Washington tightened restrictions on Huawei by banning companies that use US microchip technology to supply parts to Huawei without prior approval from US authorities.

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