On Huawei 5G For Selling Chips : Chipmaker Qualcomm Inc is lobbying the U.S. government to revoke restrictions on sale of components to Huawei Technologies Co [HWT.UL], after the Chinese company was blacklisted by the United States, The Wall Street Journal reported on Saturday.
![Chipmaker Qualcomm Lobbies U.S. To revoke Restrictions On Huawei 5G For Selling Chips](https://technologytimes.pk/wp-content/uploads/2020/08/Chipmaker-Qualcomm-Lobbies.png)
By Eric Gaillard
Qualcomm is lobbying to selling chips(Chipmaker) to Huawei that the Chinese company would include in its 5G phones, according to the report, citing a presentation by Qualcomm.
With these restrictions, the U.S. has handed Qualcomm’s foreign competitors a market worth as much as $8 billion annually, the report said.
Qualcomm did not immediately reply to a Reuters request for comment.
The company resolved a licensing dispute with Huawei last month, which will pay Qualcomm a catch-up payment of $1.8 billion in the fiscal fourth quarter.
Originally published at Reuters