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Qualcomm

Qualcomm profit falls, cuts '09 revenue target
(Reuters)

Mobile / Iphone / Wireless News

Reuters - Qualcomm Inc posted a lower quarterly net profit due to a hefty charge for investment losses and cut its revenue outlook for the current fiscal year on weakening demand for cell phone chips, sending its shares down 6.1 percent.
Source: Yahoo! News: Wireless and Mobile Technology

Qualcomm

AT&T buys $2B worth of 4G spectrum from Qualcomm

AT&T will buy $1.92 billion worth of broadcast spectrum from Qualcomm to ramp up its high-speed, next-generation 4G network, the companies said on Monday. Ref. Source 1

Qualcomm Reviews Consumer & Travel Family Culture

Qualcomm fined $975M in China probe

Qualcomm has agreed to pay a $975 million fine and slightly modify its technology licensing practices in China to end a probe by that country’s antimonopoly regulator, removing a cloud that has ... Ref. Source 3

Qualcomm

Qualcomm to cut nearly 5,000 jobs
Wireless chip maker tightens belt amid struggles in maturing smartphone market

Qualcomm plans to cut roughly 15 percent of its headcount, about 4,700 workers or more, the San Diego chipmaker said today in announcing sweeping costs cuts as it struggles to return to ... Ref. Source 5l

Qualcomm

Qualcomm cuts come amid poor financial outlook

Qualcomm’s barrage of news Wednesday about cost cuts and a possible breakup perhaps drowned out the revelation that its financial outlook for the current quarter is surprisingly weak. Qualcomm forecast revenue of ... Ref. Source 1e

Qualcomm

Qualcomm job cuts begin

Qualcomm has begun the process of notifying employees who will be laid off as part of its restructuring plan announced in July. The San Diego wireless giant has not said how many ... Ref. Source 4p

Qualcomm

EU slaps Qualcomm with antitrust charge

European trade regulators are accusing Qualcomm of predatory pricing and giving illegal discounts to a smartphone maker for exclusively using its semiconductors. And Taiwan’s Fair Trade Commission is questioning the company's patent licensing practices. The San Diego Union-Tribune

Qualcomm Culture Family Travel & Consumer Reviews

Apple sues Qualcomm for roughly $1 billion over royalties

Apple is suing Qualcomm for roughly $1 billion, saying Qualcomm has been "Charging royalties for technologies they have nothing to do with,” according to Bloomberg and CNBC. The suit follows the U.S. Federal Trade Commission's lawsuit against Qualcomm earlier this week over unfair patent licensing practices. Ref. Source 4i.