TRUMP TALKS QUALCOMM WITH HUNTER DURING SAN DIEGO VISIT
Washington, DC -- President Donald Trump discussed his decision to block a hostile takeover by a foreign-owned company of San Diego-based Qualcomm with Congressman Duncan Hunter (CA-50) yesterday as they inspected wall prototypes on the U.S.-Mexico international border. Congressman Hunter raised national security concerns and outlined the harmful effects to the San Diego job market if the takeover were allowed to take place in separate letters to the President and Secretary of Defense Jim Mattis.
“I got your letter on Qualcomm,” was the first thing the President said to me yesterday when I met him at the border,” said Congressman Hunter. “I thanked the President and his Chief of Staff, General John Kelly, for their leadership on the issue. The President indicated to me that it was important to him not to allow China to obtain Qualcomm technology.”
Utilizing an executive order on Monday, President Trump blocked a bid by Broadcom, a Singapore corporation with extensive ties to China, from acquiring Qualcomm. In both of his letters, Congressman Hunter equated the vital resource of Qualcomm’s communication and technological development to the steel industry during WWII.
“Along with Qualcomm, we obviously discussed border security as a whole,” said Congressman Hunter. “I shared with President Trump and Gen. Kelly that the real existential threat continued to be the detonation of a nuclear device delivered in a cargo container to any of our ports or inland waterways. We need to secure the border and the wall must be built. The fact remains, however, that only one percent of the millions of cargo containers currently coming into the U.S. are adequately inspected for nuclear material or other weapons of mass destruction. I intend to work with the President on this issue.”