Worried about orders turning to competitors, Qualcomm asked to lift restrictions on the sale of parts to China

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 Worried about orders turning to competitors, Qualcomm asked to lift restrictions on the sale of parts to China


Qualcomm said the ban would benefit semiconductor companies MediaTek and Samsung Electronics. The company said the ban would not prevent Huawei from acquiring the necessary parts, but would only bring billions of dollars in sales to chipmakers such as MediaTek and Samsung. In theory, lifting the ban on chips will help us companies stay competitive.

In the latest financial report, MediaTek forecasts that the companys revenue will grow by as much as 30% month on month in the third quarter of 2020, far exceeding market expectations, as it expects the shipment volume of all its product lines (especially Tianji series 5gsoc) to grow fat.

Due to the U.S. ban, Qualcomm is also unable to cooperate with Huawei on 5g chips. However, at the end of July this year, in the third quarter of fiscal year 2020, Qualcomm said it had reached a settlement with Huawei over a patent dispute. As part of the deal, the company signed a new, long-term patent license agreement with Huawei and will receive about $1.8 billion in revenue from Huawei in the fourth quarter.

Qualcomm, the worlds largest supplier of mobile chips, has created the key technology to connect mobile phones to cellular networks. A large part of the companys revenue comes from licensing these inventions to hundreds of device manufacturers based on the value of the phone, not on parts. (Fox)

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