Qualcomm says Huawei ban and 5G shift impacting China business

US chipmaker forecasts revenue fall for next quarter

20190801 EU-AUTOS/TECH

China's Huawei Technologies is both a customer and a rival for U.S. chipmaker Qualcomm. © Reuters

Nikkei staff writers

PALO ALTO, U.S. -- The U.S. export ban on Huawei Technologies is costing Qualcomm customers in China and will create "great headwinds" going forward as the industry shifts to 5G, the U.S. chipmaker said as it announced earnings for the quarter through June.

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