Friday, November 27, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
German ISPs May Block Music-sharing Sites: court
Study Says HTTPS Certificate and SSH Key Reuse Endangers Millions of Devices Worldwide
SK Hynix Rejects Chinese Take-over Offer
New Huawei Mate 8 Smartphone Launched With Kirin 950 Inside
Samsung's New DDR4 with TSV Gives a Boost To Data Centers and Servers
New Raspberry Pi Zero Is A $5 Tiny Computer
Panasonic's CX Ultra HD Smart TVs Bring 4K Closer To Home
New LG Ray Smartphone Focuses On Photo Shooting
Active Discussions
roxio issues with xp pro
How to back up a PS2 DL game
Copy a protected DVD?
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Mobiles > Qualcom...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, April 23, 2014
Qualcomm Reports Less Than Expected 2Q Revenue

Qualcomm on Wednesday posted quarterly revenue that missed expectations as smartphone sales were slow for the specific period.

The chipmaker reported fiscal second-quarter revenue of $6.37 billion, up 4 percent from the year-ago period.

Less growth than expected in recent months in China, where China Mobile is preparing to launch a new, faster network with 4G, or LTE, technology, hurt Qualcomm's results in the quarter, said Chief Executive Steve Mollenkopf.

With growth in the smartphone industry moving toward China and other developing countries, Qualcomm's revenue growth is slowing and it is focusing on costs to preserve its profitability.

China and other developing countries are a major opportunity for the San Diego company as consumers upgrade from feature phones to smartphones and as China Mobile rolls out its 4G network with technology that Qualcomm dominates.

But China also presents challenges for Qualcomm as its competes with local rivals like MediaTek to sell chips used in smartphones made by Chinese manufacturers like Huawei and Xiaomi.

Qualcomm had second-quarter net income of $1.96 billion, up 5 percent. Qualcomm said revenue in the fiscal third quarter, which ends in June, would be between $6.2 billion and $6.8 billion.

Facebook Enjoys High First-quarter Revenue        All News        iPhone Sales Drive Apple's Record March Quarter Revenue
Cyberlink PhotoDirector Coming To Android Phones     Mobiles News      iPhone Sales Drive Apple's Record March Quarter Revenue

Get RSS feed Easy Print E-Mail this Message

Related News
South Korea Fair Trade Commission Probes Qualcomm
Qualcomm Officially Announces New Snapdragon 820 Mobile Processor
Samsung To Use Both Exynos 8890, Snapdragon 820 SoCs In Galaxy S7
Qualcomm Profit Shrinked Following Low Chip Sales
Samsung Said To Optimize Qualcomm's Snapdragon 820 Chips
Qualcomm Sells Vuforia AR Business to PTC For $65 million
Qualcomm Showcases 24-core Server Chip
Samsung To Use Snapdragon 820 Chips In Some Galaxy S7 Phones: report
Qualcomm Details Snapdragon 820 Connectivity, Quick Charge 3.0 Technology New Chipsets
Qualcomm To Release Reference Platform For Consumer Drones
Qualcomm Details New Snapdragon 820 and Kryo CPU
Qualcomm Snapdragon 820 Processor To Feature Mobile Anti-malware Technology

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .