Britain decides to remove Huawei gear from its 5G networks

Huawei continues to be in the spotlight that puts control of the manufacturer's chips in the hands of President Donald Trump. The new rule allows the U.S. to demand that any foundry in the world that produces chips using American-based technology, obtain a license from the Commerce Department before shipping chips to Huawei.

The new rule puts a dagger through the heart of Huawei and its main chip supplier TSMC. The latter is the largest independent foundry in the world and its top two customers are Apple and Huawei in that order. Revenue from Huawei soared 80% last ...

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