According to the report, the company explained that the ban won’t entirely prevent Huawei from obtaining necessary components for its productions. Even with US-based companies such as Qualcomm out of the picture, the Chinese firm could still arrange deals with foreign chipmakers such as MediaTek and Samsung.
Qualcomm said that this could cause a rapid shift in 5G market share if it is restricted, which could greatly benefit its foreign competitors as much as USD8 million annually. The chipmaker added that lifting the ban would theoretically help US-based companies, including itself, to stay competitive. On a separate note, Huawei confirmed that the short supply of chips and other components have affected the production of its upcoming Mate 40 smartphone which may also see a limited release. Meanwhile, Qualcomm could also be facing some heat resulting from vulnerabilities found in its Snapdragon chipsets, which was recently discovered by cyber security firm Check Point Research. (Source: WSJ via Reuters | Header image: Reuters)
