Huawei scraps a product launch following US trade blacklist

Huawei has ditched a product launch for the first time since the US placed it on a trade blacklist.
It was reported that the Chinese tech firm had intended to unveil a new laptop as early as this week.
However, its consumer device chief, Richard Yu, told CNBC that it had become unable to supply the PC.
Huawei is accused of having committed bank fraud to evade Iran sanctions, and obstruction of justice, among other violations.

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