Saturday, September 22, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Fujitsu Algorithm Achieves Compresses Images by 1,000-1
Samsung Galaxy J4+ and J6+ Launched in India
Renesas to License Chip IP As It Seeks For New Revenue Sources
Razer Ifrit Packs a Professional Quality Microphone into a Low-profile Broadcast Headset
Micron, Toshiba Chips Found Inside New iPhones
3DMark Adds Ray tracing Benchmark
Adobe to Acquire Marketo for $4.75 Billion
PlayStation Now Adds Downloading of PS4, PS2 Games
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, July 20, 2017
Qualcomm Profit Forecast Disappoints Amid Apple Legal Battles


Qualcomm forecast fourth-quarter profit below analysts' estimates as the company's escalating patent battle with Apple continues.

The chipmaker also reported a fall in third-quarter profit as Apple's contract manufacturers withheld royalties that they were expected to pay to Qualcomm.

The iPhone maker sued Qualcomm earlier this year, accusing it of overcharging for chips, and had asked its contract manufacturers to withhold license payments from the company while the dispute played out.

"We believe that we hold the high ground with regard to the dispute with Apple," Qualcomm Chief Executive Steve Mollenkopf said in a statement.

Qualcomm forecast adjusted profit of 75 cents to 85 cents per share and revenue of $5.4 billion to 6.2 billion for the current quarter.

The company said the forecast excluded licensing revenue related to the sale of Apple products by contract manufacturers as well as the other unnamed licensee in dispute.

Demand from China led generally strong order for chips in the third quarter, which ended in June, Mollenkopf said in a phone interview following the report.

Revenue from its Qualcomm CDMA Technologies (QCT) unit, which includes its chip business, rose 5 percent to $4.05 billion. In contrast, revenue from its licensing business fell 42.5 percent to $1.17 billion.

Revenue fell 11.1 percent to $5.4 billion.



Previous
Next
Samsung Display to Provide OLED panels to Xiaomi        All News        Google Embrace News Feed on Mobile With Personalized 'Feed'
TSMC InFO packaging Enters Second Generation     General Computing News      Toshiba Resumed Blocking Western Digital Access to JV Database

Get RSS feed Easy Print E-Mail this Message

Related News
Qualcomm Snapdragon Wear 3100 Platform Supports New Ultra-Low Power System Architecture for Smartwatches
Qualcomm and Ericsson Conduct 3GPP-compliant 5G NR mmWave OTA Call with a Mobile Form Factor Device
Qualcomm's New aptX Adaptive Designed to Bring Dynamic Wireless Audio to Gaming, Video and Music
Qualcomm and China's Datang Demonstrate First Multi-Chipset Vendor C-V2X Direct Communication Interoperability
Qualcomm Starts Sampling 7nm Mobile SoC
Qualcomm Officially Ends $44 billion NXP Bid
Qualcomm to Scrap NXP Deal
DARPA to Work With Nvidia, Qualcomm, IBM and Intel on Post-Moore's-law Projects
Qualcomm Delivers 5G NR mmWave and Sub-6 GHz RF Modules for Smartphones
EU to Probe Qualcomm Over Pricing Case
Qualcomm QCC3026 Bluetooth Audio System-on-Chip Makes Wireless Earbuds Simpler to Design
New Qualcomm Snapdragon 632, 439 and 429 Mobile Platforms Deliver Performance and Power Efficiency to Mass Market Smartphone Segment

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .