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What happened to Panasonic's denial of Huawei's power cut? Panasonic denies Huawei's announcement

What is Matsushita's denial of Huawei's power cut? What is Matsushita's denial of Huawei's power cut? Many partners don't know. Let's take a look with Xiaobian.

Panasonic denies supply cut

On May 23, Panasonic group issued a statement saying that at present, the company's supply of goods to Huawei is normal, and it is untrue to say "out of stock" mentioned in the Internet media.

Matsushita said that Huawei has always been an important partner of Matsushita. On the basis of strictly abiding by the relevant laws and regulations of the country and region where Matsushita is located, the company will continue to sell goods and provide services to Chinese customers such as Huawei, contribute to the meager efforts of Matsushita group in China and contribute to the development of China's business.

Panasonic decided on Thursday to suspend the supply of certain parts to China, the Nikkei Asia review reported on the 23rd. According to the Nikkei Asia review, the parts that Panasonic stopped providing are believed to be related to smartphones. The company supplies parts to China for mobile phones, but some of its products use technology from the United States.

Panasonic said in a statement on the 23rd local time that it had instructed employees to stop trading with Huawei and its 68 affiliated enterprises in response to the US government's ban on Huawei, according to reports.

However, a Panasonic representative said: 'there are only a limited number of products affected and there will be little impact on revenue. '

The United States listed Huawei in the so-called 'entity list'

Nikkei Asia review also said suppliers who violate export restrictions will face fines or other penalties. Last year, Huawei purchased 700 billion yen (US $6.3 billion) worth of products from Japanese companies, possibly including Sony image sensors and Toshiba memory chips.

Matsushita group is a global electronics manufacturer headquartered in Japan. It is engaged in the production and sales of various electrical products. The founder of Matsushita group is a world-famous entrepreneur. Panasonic electric appliances (China) Co., Ltd. was established in 1994 and realized sole proprietorship in 2002. It is mainly responsible for the sales and after-sales service activities of household appliances, systems, environment, components and other goods.

Earlier on May 15, the Bureau of industry and security (BIS) of the US Department of Commerce announced that Huawei would be included in the so-called 'entity list', requiring any US company selling products to China to obtain the US government's permission. Some multinational companies with global business distribution may also be affected by the US ban.

However, on May 20 local time, the official website of the U.S. Department of Commerce announced that Huawei and its partners will be given 90 days' temporary permission. The arrangement is to provide time for relevant departments and companies to make adjustments, the release said.