Qualcomm CEO Elect Says Huawei Ban May Help With Chip Shortages
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Qualcomm Inc.’s incoming Chief Executive Officer Cristiano Amon said U.S. sanctions against China’s Huawei Technologies Co. may help alleviate a global shortfall in semiconductor supply.
If Huawei’s in-house chip unit HiSilicon can’t get its designs manufactured, the company may order more chips from other providers. These limitations will also free up capacity at Taiwan Semiconductor Manufacturing Co., Amon said in a webcast with Goldman Sachs analyst Rod Hall.