IQE shares plunge as Huawei ban hammers tech suppliers

Shares in Britain's IQE plunged as much as 40% on Friday after the tech supplier warned its 2019 revenue would miss forecasts, blaming a bigger than expected hit on the industry's supply chain from U.S. restrictions on China's Huawei.

from Reuters: Technology News https://reut.rs/2WYnPJT