Qualcomm Still Wants to Sell Chips to Huawei for 3 Reasons

Qualcomm Still Wants to Sell Chips to Huawei for 3 Reasons

The U.S. Commerce Department added Chinese tech giant Huawei, the world's largest telecommunications equipment maker, to a trade blacklist last year. Qualcomm argues the blacklist should target only Huawei's leading position in the networking equipment market and not the smartphone market -- where it ranks second globally behind Samsung (OTC: SSNLF). It's unclear if Qualcomm's lobbying campaign will succeed, but investors should understand the chipmaker's three main motivations.