NeoPhotonics cuts guidance as a result of U.S. ban on Huawei business, stock gains

South Africa News News

NeoPhotonics cuts guidance as a result of U.S. ban on Huawei business, stock gains
South Africa Latest News,South Africa Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

NeoPhotonics cuts guidance as a result of U.S. ban on Huawei business

Shares of NeoPhotonics Corp. NPTN, +0.00% rose 1.5% in premarket trade Thursday, after the optical components maker revised its second-quarter guidance lower as a result of the U.S. ban on business with China's telecom giant Huawei Technologies.

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall St. rises as Huawei reprieve boosts tech sharesWall St. rises as Huawei reprieve boosts tech sharesShares of technology companies helped lift Wall Street on Tuesday after the Unit...
Read more »

Shares of Huawei suppliers tumble amid ongoing turmoilShares of Huawei suppliers tumble amid ongoing turmoilShares of Chinese telecommunications heavyweight Huawei's suppliers took a hit on Thursday afternoon amid the ongoing fallout surrounding the Chinese telecommunications giant.
Read more »

Wall St. slides as Huawei fallout hits tech sharesWall St. slides as Huawei fallout hits tech sharesU.S. stocks fell as Washington’s crackdown on China’s Huawei stoked fears about a hit to the broader technology sector via ReutersTV
Read more »

Huawei reprieve lifts European shares, Telecom Italia boosts MilanHuawei reprieve lifts European shares, Telecom Italia boosts MilanEuropean shares regained ground on Tuesday led by the tech sector after the Unit...
Read more »

Here's How Huawei's Android Ban Affects You [Updated]Here's How Huawei's Android Ban Affects You [Updated]What the Huawei Android ban means for Huawei smartphone owners:
Read more »

Google revokes Huawei's Android license: reportsGoogle revokes Huawei's Android license: reportsAlphabet Inc.'s Google has revoked Huawei Technologies Inc.'s Android license, Reuters reported Sunday, in a move that could cripple the Chinese tech giant's smartphone business. The move was later confirmed by The Verge. Huawei will be restricted to using only the public, open-source version of Android, Reuters said. Effectively, it means that Huawei will be immediately cut off from receiving Android system updates, including security updates, and future versions of Huawei smartphones will not be able to use YouTube, Gmail and the Google Play store, among other features. Last week, the Trump administration moved to restrict U.S. technology sales to Huawei and certain other foreign-owned companies. The U.S. has long claimed that telecom equipment from Huawei poses a national security risk.
Read more »

China says lodged solemn representations with U.S. over HuaweiChina says lodged solemn representations with U.S. over HuaweiChina said on Thursday it had lodged solemn representations with the United Stat...
Read more »

U.S. blacklisting of Huawei prompts global firms to follow suitU.S. blacklisting of Huawei prompts global firms to follow suitA key chip designer and British telecom companies suspend some dealings with the Chinese tech giant.
Read more »

U.S. eases some restrictions on China's Huawei to keep mobile networks operatingU.S. eases some restrictions on China's Huawei to keep mobile networks operatingThe U.S. government on Monday eased some restrictions imposed last week on China...
Read more »

Exclusive: Google suspends some business with Huawei after Trump blacklist - sourceExclusive: Google suspends some business with Huawei after Trump blacklist - sourceExclusive: Google suspends some business with Huawei after Trump blacklist, sources tell angelamoon00
Read more »

Google halts business with Huawei after company is blacklistedGoogle halts business with Huawei after company is blacklistedGoogle has halted business with the Chinese tech giant Huwaei after the Trump admin.'s decision last week to blacklist the firm, a source familiar with the matter confirmed.
Read more »



Render Time: 2025-04-03 05:03:11