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[hooligan1901]

It certainly isn't great news for QCOM but I'm not surprised. China historically has liked to use home grown companies in almost every industry. The telecom industry is no different. China pretty much launched the TD LTE standard in the world and I think they want to "own" it and won't take kindly to a big US corporation trying to take over a business they believe the own. I think SQNS is in a great position here. They have been involved in the TD LTE rollout from the very beginning. Another benefit is that SQNS chips are being used by local ODM/OEM, which on the surface makes these products appear as Made In China items. QCOM will always be part of the evil US empire. Sequans can kind of "hide" behind Chinese comapanies
I would like to see Sequans start to leverage what is has done for carriers. China Mobile with the first TD LTE demo. Verizon with LTE broadcast, another first SQNS was involved in. Time to ask for the business