China-U.S. trade conflict led to a sales hit in UK

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British sales fell due to a maintaining trade war between China and the United States. The IQE, a semiconductor wafers maker, reports new deals with customers from Asia. They may supply chains and provide bigger volumes. IQE which products are prefered by Apple Inc, worried its revenues in 2019 would be less than the forecasts. Company leaders suggest that the main problem is the U.S.-China relations. The U.S. restricted Huawei from getting American goods in May being afraid of Beijing’s spying. This strengthened the tensions between two countries. IQE also reported that that global supply chains will be redeveloped around the world. The company’s representatives also said it had got orders from the large Asian client for new supply chains for a type of transistor. 

 

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