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How The The Huawei Arrest Effects Apple

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Huawei CFO Meng Wanzhou was arrested in Canada. The arrest was at the request of The U.S., who claim that Huawei violated U.S. sanctions on Iran. Business Insider reports the U.S is seeking to extradite Meng to the United States. Analyst Dan Ives told the BBC the arrest will hurt Apple. He said the arrest is likely to further stoke rivalry between the US and China, from which Apple could end up feeling the backlash. This comes at a dangerous time for Apple. Last month, Goldman Sachs said Apple is facing "demand risk" in China.

Added on the 11/12/2018 08:32:22 - Copyright : Wochit

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