IQE shares plunge as Huawei ban hammers tech suppliers

Shares in Britain's IQE plunged as much as 40% on Friday after the tech supplier warned its 2019 revenue would miss forecasts, blaming a bigger than expected hit on the industry's supply chain from U.S. restrictions on China's Huawei.

×
Stay Informed

When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.

Huawei says European smart phones sales up 'in pas...
UK regulator tells Facebook, eBay to tackle sale o...

Related Posts