Qualcomm receives U.S. permission to sell 4G chips to Huawei in exception to ban.
Qualcomm Inc on Friday received a license from the U.S. government to sell 4G mobile phone chips to China’s Huawei Technologies Co Ltd, an exemption to U.S. trade restrictions imposed amid rising tensions with China.
Qualcomm and all other American semiconductor companies were forced to stop selling to the Chinese technology firm in September after U.S. trade restrictions took effect.
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