Wednesday, September 20, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Pimax Launches First 8K VR Headset
New Amazon Fire HD 10: 1080p Full HD Display, Faster Performance, for $150
CyberLink Introduces 360 Video Editing Tools with PowerDirector 16 and Director Suite 6
Pioneer Introduces New CDJ-2000NXS2-W and DJM-900NXS2-W
AUO Presents 85-inch 8K4K Bezel-less TV Display
South Korean Government Wants to Stop Technology "Leaks" to China
Fujitsu Develops Wearable, Hands-Free Speech Translation Device
Dell Sees Solid Growth in Worldwide PC Monitor Market
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Qualcom...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, January 30, 2014
Qualcomm Reports First-Quarter Profit


Qualcomm reported high fiscal first-quarter profit and said 2014 was playing out as expected.

Profit excluding some costs in the quarter that ended Dec. 29 was $1.26 a share, the company said yesterday in a statement. Sales climbed 10 percent to $6.62 billion. The company also boosted its annual profit forecast.

Qualcomm is benefiting as more consumers worldwide choose phones that use its technology to connect to LTE high-speed data networks, boosting its license revenue and chip sales.

Qualcomm predicted that emerging markets would grow about 20 percent compared with a gain of about 6 percent in developed regions.

The company may be able to exceed its sales forecast for the year if the rollout of LTE in China proceeds quickly, Chief Financial Officer George Davis said on a conference call with analysts.

The chipmaker gets the majority of its sales from processors and chips used to run software in handsets. The bulk of its profits come from licensing its code-division multiple-access technology.

Commenting on an antitrust investigation into the chipmaker by China's National Development and Reform Commission (NDRC), Chief Operating Officer Steve Mollenkopf said Qualcomm was cooperating but declined to comment further on the investigation, which could potentially lead to a record fine exceeding $1 billion.




Previous
Next
Facebook Announces Paper News App For iOS        All News        Intel Closes Its App Store
Facebook Announces Paper News App For iOS     General Computing News      Facebook Reports Strong Q4 Revenue

Get RSS feed Easy Print E-Mail this Message

Related News
Qualcomm Develops 5G NR mmWave Prototype to Accelerate Mobile Deployments for Smartphones
Judge Clears Apple to Sue Qualcomm
Qualcomm to Appeal Stay Denial to Korea Supreme Court
Qualcomm's Request to Suspend Antitrust Order in South Korea Rejected
Qualcomm Announces Cellular-V2X Solution to Support Automotive Road Safety
Qualcomm Announces Depth-Sensing Camera Technology Designed for Android Devices
ITC to Investigate Apple
Snapdragon Neural Processing Engine Now Available
Intel, Microsoft and Amazon Side with Apple in Qualcomm's iPhone Ban Dispute
Qualcomm Profit Forecast Disappoints Amid Apple Legal Battles
iPhone Manufacturers Accuse Qualcomm of Antitrust Violations
Qualcomm Faces Daily Fine Over Anti-competitive Methods

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .