Qualcomm unit to help Chinese smartphone companies make sales overseas

As the Chinese government continues to spend money helping local chip makers stay competitive in the smartphone market, U.S. companies like Qualcomm and Intel are opening branches in China, promising to help Chinese phone makers sell their wares outside of the region. Last quarter, Qualcomm opened an office in Shenzhen that looks to connect companies like Huawei and Xiaomi, and other not so famous names, with global markets.

Ironically it was complaints from some of these same phone manufacturers about Qualcomm's' pricing that led to a investigation in China. The Chinese government ruled ...