Huawei Supply Chain Concerns Knick Japan Stocks - Accounting and Finance Assignment Help

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0024 GMT - Huawei-related concerns are weighing on shares of Japanese makers of tools for producing chips and displays this morning. The precision-equipment sector of the Topix is down 0.7% and electrical equipment is down 0.6% on reports of a possible sharp drop in smartphone shipments by China's largest technology company. That as Japan Display, a major supplier to Huawei as well as Apple, has skidded 5.3% as the company said it hadn't gotten notice from a consortium about a potential investment in the cash-strapped firm. The Nikkei is down 0.3% at 21050, similar to others in Asia Pacific this morning. (mayumi.negishi@wsj.com) 

 

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