FILE PHOTO: Dialog semiconductor logo is pictured at a company building in Germering near Munich, Germany August 15, 2016. REUTERS/Michaela Rehle
FRANKFURT (Reuters) – Anglo-German chip designer Dialog Semiconductor declined to comment on Monday when asked whether its shipments to Huawei had been affected following a crackdown on the Chinese company by the U.S. administration.
The Nikkei Asian Review reported earlier that German chipmaker Infineon had suspended shipments after the Trump administration added Huawei to a trade blacklist, sending European chip stocks lower on Monday.
Frankfurt-listed Dialog specializes in power-management and low-energy Bluetooth applications used in smartphones. It has sought to diversify away from its reliance on Apple and counts Chinese smartphone makers as key clients.
Reporting by Douglas Busvine; Editing by Thomas Seythal