Ever since Huawei was put on the US governmentís Entity List, some of its key partners such as Qualcomm have faced a tough time. In a new development Qualcomm CEO Steve Mollenkopf confirmed his company has now resumed trade with Huawei. According to Mollenkopf, Qualcomm is also looking to secure a long-term supply deal with the Huawei but did not disclose what components are being sold.
Back in July, the US Department of Commerce announced it would begin issuing special licenses for companies that wish to continue their business ties with Huawei. One of the main points of emphasis was that US companies would only be allowed to sell widely available components, a category which includes mobile chipsets.
In August Huawei was granted a new 90-day extension to its temporary trade license agreement to trade with US companies. Later that month reports claimed that more than 130 US companies had filed for the special licenses.
Despite producing its own set of chipsets, Huawei still relies on Qualcomm for a sizeable chunk of its devices. It was reported that in 2018 alone Huawei spent an estimated 11 billion on trade with US companies including Qualcomm, Intel and Micron.
President Trump How and why ?
Q2 2019 was better than Q2 2018, Galaxy A10 sold around 13M units to now, A50 12M units and A30 9m units. While market is declining Samsung sales are growing and they fortify their position.