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Trade war

US chip supplier Qorvo lowers sales outlook due to Huawei ban

Reliance on Chinese giant starts to hurt midsize American companies

The downward revision follows compatriot Lumentum Holdings lowered revenue forecast earlier this week. (Photo by Rie Ishi)

PALO ALTO, U.S. -- Semiconductor supplier Qorvo downgraded its sales forecast on Tuesday following U.S. President Donald Trump's decision to block exports to its key customer, China's Huawei Technologies.

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