Qualcomm Wants Permission to Sell Chips to Huawei, WSJ Reports
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Qualcomm Inc. has been putting pressure on the Trump administration to allow it to sell components to Huawei Technologies Co., saying current restrictions risk channeling revenue to foreign competitors rather than preventing the Chinese company from obtaining the parts, The Wall Street Journal reports.
The U.S. chipmaker is lobbying to be permitted to sell chips to Huawei that would be used in 5G phones, the newspaper reported, citing a presentation it says has been “circulating around Washington” and without specifyinghow it obtained the document. U.S. chipmakers are required to obtain a license from the Commerce Department to ship certain components to Huawei.