According to the US Department of State. Qualcomm, an American micro-chip manufacturer, has signed $12 billion worth of potential deals with three Chinese phone manufacturers on the week of President Trumps visit to Beijing.
Qualcomm has signed three non-binding memorandum of understanding (MOUs) to sell electronic components over a three year period to phone makers Xiaomi, OPPO and Vivo. Ratcheting up jobs and further boosting our economy.
This just adding to the rising $250 Billion in total deals made on President Trumps Asian tour this week.