0
Broadband

Neophotonics cuts Q2 outlook on Huawei ban

Thursday 23 May 2019 | 15:13 CET | News
NeoPhotonics has become one of the first companies to issue a profit warning due to the US ban on doing business with Huawei. The optical components supplier said the US government decision will have a "material impact" on its business and lead to lower results in the current quarter and the write off some existing inventory. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Huawei / NeoPhotonics
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

NeoPhotonics announces general availability of C++ Laser Micro-ITLA

Published 23 Sep 2019 12:35 CET | World
NeoPhotonics Corp has announced the general availability of its ultra-narrow linewidth, tunable C++ Laser Micro-ITLA. It has a ...

Huawei granted another 90-day reprieve under US ban

Published 19 Aug 2019 16:13 CET | United States
The US Department of Commerce confirmed it is extending the temporary licence regime allowing US businesses to continue to do ...

NeoPhotonics appoints Google's Engineering VP Li to BoD

Published 10 Jul 2019 09:02 CET | World
NeoPhotonics appointed Yanbing Li to its board of directors. Li is a global high technology executive with extensive leadership ...

Skyworks lowers outlook for Q3 after US ban on Huawei

Published 05 Jun 2019 11:27 CET | World
Chipmaker Skyworks Solutions has lowered its outlook for the third quarter, after stopping all shipments to Huawei and its ...

Maxlinear lowers Q2 revenue outlook on Huawei ban

Published 04 Jun 2019 16:03 CET | World
MaxLinear has cut its financial guidance for the second quarter on the back of the US government blocking business with Huawei. ...

Huawei sees access to standards bodies suspended after US ban

Published 27 May 2019 10:00 CET | World
Huawei is seeing its access to some international standards bodies suspended as a result of the US ban on doing business with the ...

Lumentum suspends shipments to Huawei, lowers outlook for June quarter

Published 23 May 2019 15:20 CET | World
Lumentum has lowered its outlook for results in fiscal fourth quarter to June due to the US ban on doing business with Huawei. ...

Huawei founder says sales may slow, but supply chain prepared

Published 23 May 2019 13:09 CET | World
Huawei's revenue growth slowed in April compared to the first quarter and may continue decreasing in the course of this year in ...

Inphi guides revenues down by 5% after US ban of Huawei

Published 22 May 2019 14:32 CET | World
Inphi has updated its outlook for the second quarter, based on new developments around Huawei and the US. The company expects ...

Huawei seeks support in Europe after US ban

Published 22 May 2019 11:42 CET | Europe
Huawei has turned to the European media to defend its position following the US move to block the Chinese company from doing ...

Huawei founder insists US government 'underestimates' company

Published 21 May 2019 11:15 CET | United States
Huawei founder Ren Zhengfei has downplayed the impact of the recent US restrictions and insisted that the US government ...

Huawei gets 90-day reprieve to support US customers

Published 21 May 2019 08:59 CET | United States
The US government has offered a 90-day reprieve to Huawei and its customers and suppliers in the US. Shortly after putting the ...

Google, US chipmakers break ties with Huawei

Published 20 May 2019 08:47 CET | China
Google as well as chipmakers based in the US are starting to break ties with Huawei, after the US security order that forbid ...

Trump allows ban on foreign ICT companies over security threats

Published 16 May 2019 09:18 CET | United States
The US President Donald Trump has signed an executive order effectively banning US organisations from doing business with Chinese ...