Huawei cancels Windows laptop launch in response to U.S. ban
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Huawei canceled a Windows laptop launch this week after being blacklisted from buying products from American companies by the U.S. Department of Commerce, the CEO of Huawei's consumer division confirmed to CNBC.
Why it matters: This is one of the first instances of the Chinese-owned Huawei delaying or canceling products since the Trump administration effectively barred all U.S. telecommunications firms from using Huawei equipment and blocked its access to U.S.-made goods.
Our thought bubble, per Axios' Ina Fried: Laptops aren't Huawei's most important business. They make most of their revenue from selling network equipment and phones, but it’s an example of some the ripple effects from the U.S. ban.
Background: Being placed on the "Entity list" — the second half of the administration's one-two punch against Huawei— makes it more difficult for U.S. companies to export goods to Huawei. The new laptop launch has been indefinitely postponed, CNBC reports.
Go deeper: How the new Huawei ban will affect the U.S.