ARM Suspends Business with Huawei

Tsing

The FPS Review
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Huawei is in very deep trouble. The BBC has learned that ARM sent out a company memo telling its staff to halt "all active contracts, support entitlements, and any pending engagements” with the Chinese electronics giant due to the US government’s export ban.

The decision could effectively cripple Huawei, as its smartphones, servers, and 5G base stations utilize chips built with ARM’s underlying technologies. Without a license, Huawei would have to find a way to build new, unique processors.

ARM's designs form the basis of most mobile device processors worldwide. In a company memo, it said its designs contained “US origin technology”. As a consequence, it believes it is affected by the Trump administration's ban. One analyst described the move, if it became long-term, as an “insurmountable” blow to Huawei’s business.
 
Huawei is 15-20% of this companies business. Mostly infrastructure and support, with dabbling into some P2P comms.

Sucks cause our bonus checks were about 3/4 of what they should be, and the longer this goes on, the lower December's check will be. :|
 
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