China Puts Intel and Qualcomm on Notice over Huawei

Ruchi Gupta
China Puts Intel and Qualcomm on Notice over Huawei

China has warned American technology companies Intel (INTC), Qualcomm (QCOM), and others of dire consequences if they respond aggressively to the trade restrictions that American authorities have slapped on Huawei. Last month, the Trump administration blacklisted Huawei as a national security risk, thereby prohibiting suppliers with operations in America from doing business with Huawei.