ZHUHAI, CHINA – Flex commandeered Huawei Technologies’ goods worth some $101.9 million for over a month here after the US government placed Huawei on the trade blacklist, according to reports.
Guo Fulin, president of international media affairs at Huawei, said the company recovered about $59.3 million worth of goods in June and is negotiating to get the rest back.
In May, Huawei was added to the Entity List that prevented it from buying US goods and services.
Register now for PCB West, the leading conference and exhibition for printed circuit board design! Coming Sept. 9-12 to the Santa Clara Convention Center. pcbwest.com