Qualcomm, one of America's largest technology companies, has become caught up in the trade row between the US and China. On 16 April, it lost one of its biggest customers after the US government stopped Chinese telecoms company ZTE from buying its semiconductors for a seven-year period. The move was part of an investigation into whether China had been using American companies to steal intellectual property or technology.
Qualcomm, one of America's largest technology companies, has become caught up in the trade row between the US and China. On 16 April, it lost one of its biggest customers after the US government stopped Chinese telecoms company ZTE from buying its semiconductors for a seven-year period. In the meantime, an antitrust review in China has stalled Qualcomm's plan to buy NXP Semiconductors, a key part of its growth strategy, with Chinese authorities demanding unspecified concessions in exchange for the larger share of the market it would have following any deal.