Qualcomm is lobbying to sell chips 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.
Source: Economy - investing.com
