Infosys has brought in consultants to review its contract with Huawei. Moreover, other Indian companies to follow Infosys.
Indian IT major Infosys has hired consultants to review their contracts with Chinese tech-giant Huawei as a result of the restrictions on their counterpart imposed by the US.
- Infosys to consult legal experts on their contracts with Huawei.
- The IT company needs to make sure it didn’t fall foul of US rules.
- Export controls by the US to apply to all individuals and companies that deal with US-origin technology – experts.
- However, there are no official comments from the parties involved in this report yet.
Others to follow
Consequently, follow up is expected from other companies as well. It is clear from the US that their ban applies to all the companies that deal with US-origin technology. Experts are recommending these companies to at least consult a sanctions law expert to analyse their contracts with Huawei.
To sum up, This has no doubt increased trouble for Huawei and would result in a heavy financial loss for everyone involved.