May 24, 2019 / 6:22 AM / 2 months ago

UK's IQE flags possible order delays from Huawei ban

May 24 (Reuters) - Britain’s IQE Plc said on Friday the U.S. blacklisting of Chinese telecom company Huawei could lead to some delay in orders and the need for adjustment of supplier managed inventory levels, mainly in its wireless business unit.

IQE, which makes semiconductor wafers for chips used in Apple products among others, said a maximum of 5% of its revenue was exposed to risk from the Huawei issue.

Reporting by Noor Zainab Hussain in Bengaluru; editing by Patrick Graham

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below