The high-stake visit of US president Donald Trump to China has recorded positive results today as the US smartphone chip maker Qualcomm announced non-binding memoranda of understanding (MoU) with three of China’s top smartphone makers: Xiaomi, OPPO and vivo.

Each of the companies expressed a non-binding interest in the purchase of components with an aggregate value of no less than $12 billion over the next three years, according to a company statement.

China’s smartphone makers have been gaining momentums over the past few years not only in domestic but also the global market. Along with the trend, smartphone chip industry is has seen strong growth in the country. The world’s top chip maker Qualcomm earns more than half of its revenues in China.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.