(Reuters) – Chipmaker Qualcomm Inc is pressuring US government to revoke restrictions on sale of components to Huawei Technologies Co [HWT.UL], after the Chinese company was blacklisted by the United States, the Wall Street Journal reported on Saturday.
Qualcomm is pushing to sell chips to Huawei that the Chinese company would include in its 5G phones, according to the report, citing a presentation from Qualcomm.
With the restrictions, the United States has offered Qualcomm’s foreign competitors a market worth up to $ 8 billion a year, according to the report.
Qualcomm did not immediately respond to a request for comment from Reuters.
The company resolved a licensing dispute with Huawei last month, which will pay Qualcomm a $ 1.8 billion catch-up payment in the fiscal fourth quarter.
Report by Juby Babu in Bengaluru; edited by Diane Craft