Chinese manufacturing giant, Huawei, is currently facing strings of issues resulting from the ban melted on the company by the US government. The company has since been added to the United States entity list which means that US companies can not freely do business with Huawei. In addition, there is also pressure on other non-American companies to prohibit business transactions with Huawei. Recent report claims that 3M has asked its German distributors not to sell adhesive products to Huawei.
Gizchina News of the week
Usually, large companies like 3M don’t interfere with the retail behavior of downstream dealers, but it seems that this event is a bit special. According to the information, 3M is a large-scale diversified technology company founded in 1902 and headquartered in St. Paul, Minnesota, USA. Its products cover 70,000 items, covering household products to medical products, transportation, construction, commerce, education, electronics, communications, etc. For an average consumer, 3M anti-fog masks, tapes, automotive additives, etc. are common.
Recall that Germany has not aligned with the United States to ban the Chinese manufacturer. The German government says that it has its own rules and regulations and if Huawei can adhere to its rules, the company is in contention for building a 5G network in the country.
