TAIPEI/HONG KONG -- Huawei Technologies told global suppliers six months ago it wanted to build up a year of crucial components to prepare for trade war uncertainties, even as it moved to secure new sources and become more self reliant, sources familiar with the plans told the Nikkei Asian Review.
Meanwhile, concerns are mounting in Huawei's Asian tech supply chain about collateral damage from the U.S. government's move to potentially block American and even foreign companies from doing business with the world's leading telecom equipment maker, whose global procurement totals around $67 billion a year. Shares in companies whose fortunes depend in part on Huawei business sold off Thursday.
