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HUAWEI BAN

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The American mobile chip making giant, Qualcomm, is trying to persuade the US government to allow them to sell its chips to Huawei for their 5G smartphones. According to reports, Qualcomm selling its 5G chips to the Chinese multinational technology company might end up helping American business. The US trade ban on Huawei has severely affected the manufacturer’s inventories. When the US increased sanctions against Huawei in May, it was immediately clear that it would be a huge blow to the Chinese seller, as the company would no longer be able to use components from US suppliers. In fact, the impact of sanctions quickly proved to be as expected. Just last week, Huawei announced that its latest flagship smartphone, Huawei Mate 40, would be the last model to use high-end Kirin processors manufactured by its subsidiary HiSilicon. The US trade ban on Huawei will not prevent the…