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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 181.30

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Dec 11 3:59 PM EST

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From: Bill Wolf	11/13/2020 6:51:52 AM
	of 196922

A week ago, Qualcomm confirmed that it has applied for a license to supply chips to Huawei. Now, a report from China says that the company has been given the green-signal for 4G instead of 5G chips . . . Coming back, the report says Qualcomm will benefit a lot from this approval. The company, which was once a major QTL(patent business) partner of Huawei, lost business after the latter started growing up. Following this, a ban on chipset business(QCT) had further weakened the tie-up. That said, as per the company’s early statement, a license to sell chips to Huawei will be of greater significance in the future. gizmochina.com

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