According to a recent report, Qualcomm is lobbying President Trump and his administration to consider amending the trade restrictions placed on Huawei. Qualcomm warns lawmakers that Huawei will turn to chip manufacturers that aren't based in the US unless changes are made to the export licensing policies. The smartphone chipset company says it may lose $8 billion dollars in potential orders, and the fallout could "cause a rapid shift in 5G chipset market share in China and beyond."
