Qualcom has been granted a license by the US government to sell 4G mobile chips to Huawei, this happened despite a ban being put in place for all American companies to not sell technology parts to the China based Telecoms company.
The US Commerce department said it wouldn’t extend a temporary general license that allowed some transactions involving the “export, reexport, and transfer of items” to Huawei. That temporary license followed a May 2019 executive order from President Donald Trump banning Huawei in the states.
The impact of this development is minor and limited as customers are now opting for newer 5G phones. At the moment it is unclear if Qualcomm will be granted permissions to sell 5G chips to Huawei, we will have to monitor the situation as it develops.
