Balancing act: Chip giant Qualcomm caught between Washington and Beijing

Chip maker Qualcomm, blocked this week from a takeover bid amid national security fears, was already walking a Pacific tightrope: it has government and defence contracts in the United States, but two-thirds of its revenue come from China. US President Donald Trump on Monday halted microchip maker Broadcom’s US$117 billion takeover of Qualcomm over concerns it […]