American companies banned Huawei

Google has suspended the provision of services and technical support for Chinese Huawei. The reason was the decision of the United States to add Huawei to the list of companies for which deliveries from the United States can be made only on the basis of special licenses.
Huawei, which is the world's second largest smartphone maker, uses Google’s Android operating system. Last year, the Chinese company delivered 200 million smartphones to the market.
Android is publicly available software, but Huawei will no longer be able to receive the various services provided by Google’s partners themselves.
In the production of equipment, Huawei is also widely used by American semiconductors manufactured by Qualcomm, Intel and Broadcom. The total volume of purchases by the Chinese company of components in the USA is $ 11billion.
However, it was the shares of American companies that went down. Alphabet (Google owner) lost 1.3% in price. Broadcom - 2,5%; Intel - 2.96; Qualcomm - 4.84%.
Investors could start selling stocks, fearing that Huawei would lose some of the revenue from failed deals. American suppliers will find it hard to find a replacement - only in the smartphone market, the Chinese company is second only to sales in the world. The number of Huawei smartphones sold is second only to Samsung.
Deliveries Huawei also suspended the German chip maker Infineon.
At same time Huawei shares rose more than 1%.
Bloomberg notes that in anticipation of getting blacklisted, Huawei stocked up chips for three months in advance.
The information above cannot be considered as an investment advice and past results do not indicate future performance.
**Investors should have experience and understand the risks of losing all the initial investment.
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