Saturday, October 10, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
3Q15 Hard Disk Drive Shipments Report
Japanese Fund may Invest In Sharp: report
ASUS Upgrades Its ROG Gaming Lineup
ITC Says Samsung Did Not infringe Nvidia's Patents
ARCHOS and Sikur Ensure Your Privacy with GranitePhone
Firefox To Switch Away From Plugins
Apple Removes Apps From Online Store
PC Shipments Kept Falling In 3Q
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
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 > General Computing > Qualcom...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, July 24, 2014
Qualcomm's Profit Hurt by Dispute Over China Royalties

Qualcomm said it's struggling to collect license revenue from handset makers in China, the world's largest mobile-phone market, threatening profit growth.

Qualcomm gave a quarterly earnings forecast and cited missed royalty payments for chips running on the new long-term evolution standard as manufacturers fail to report phone sales or refuse to sign contracts.

Even as Qualcomm sells more chips in China, Chief Executive Officer Steve Mollenkopf must work to end the royalty disputes with phone makers and resolve a government investigation into its business to get licensing back on track in the world's most populous country.

Qualcomm's net income in the fourth quarter, which ends in September, will be $1.03 to $1.18 a share, the company said in a statement.

"We are experiencing some near-term challenges in the licensing business, particularly related to China," Qualcomm President Derek Aberle said in a phone interview. "This is something that we will take care of. The timing is pretty uncertain."

The company also announced a $150 million investment in Chinese startups working to develop mobile technologies.

Qualcomm is in a dispute with a large customer over license revenue, and other customers are under-reporting the amount of phones sold that they should have paid license fees on, Aberle said. Some other small companies in China haven't yet agreed to pay, he said.

In November, China's National Development and Reform Commission begun an investigation related to an anti-monopoly law. That caused some non-licensed device makers to hold off on negotiating with the company on fees, Qualcomm said.

The Chinese government agency is looking at Qualcomm?s licensing business and its interaction with the company's chip unit.

Qualcomm predicts industry wide shipments of 1.3 billion 3G and 4G mobile devices in 2014. Of that total, the company estimates that customers will report 1.04 billion to 1.13 billion units as the basis for license revenue calculations, meaning Qualcomm won?t get paid for the technology on as many as 260 million phones this year unless it can solve the disputes and sign up new licensees, Aberle said.

Qualcomm's sales also come from semiconductors. The company said it shipped a record 225 million chips in the quarter, up 31 percent from a year earlier.

Facebook Profit Doubles        All News        SSD Prices To Remain Stable Next Year
Facebook Profit Doubles     General Computing News      LG Electronics' Strong Profit Boosted By G3 Success

Get RSS feed Easy Print E-Mail this Message

Related News
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
Qualcomm Says Next-Generation GPU Architecture and Image Signal Processor Will Bring Better Graphics To Your Smartphone
Qualcomm Enables Wireless Charging for Mobile Devices with Metal Cases
Qualcomm To Cut Workforce
Europe Opens Investigations Against Qualcomm
Computex: Qualcomm Expands 802.11ac MU-MIMO Product Portfolio for Wi-Fi Access Points and Routers
Daimler and Qualcomm To Collborate On Connected Car Technologies

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 .