Sunday, February 25, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
MWC: The Cat S61 Smartphone Measures Distances, Senses the Quality of Air
MWC: TCL Introduces Alcatel 5, 3 and 1 Smartphone Series, Android Oreo Smartphone and Tablets
IBM Researchers Talk About the Future of EUV at SPIE
Xiaomi and Microsoft Expand Their Collaboration in cloud, Devices and AI Areas
Google's Augmented Reality SDK ARCore 1.0 Released, Google Lens Updated
Google Assistant is Going Global
TEAC Releases New Reference Series Hi-Res Audio Models
First Affordable Android Go Smartphones Coming Next Week
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
Samsung and Qualcomm Expand Foundry Cooperation on EUV Process Technology
Qualcomm Introduces First Integrated 802.11ax-ready Solution for Smartphones
Qualcomm Announces New Snapdragon 845 Mobile VR Reference Design, Qualcomm TrueWireless Stereo Technology
Broadcom Lowers Offer for Qualcomm
Qualcomm Sweetens Offer for NXP
Qualcomm is Seeking for a Better Offer From Broadcom
Qualcomm to Discuss Next Steps Following Meeting With Broadcom
Qualcomm Announces Wireless Edge Services, 2 Gbps LTE Modem, 5G NR Roadmap
Broadcom to Seek the Election of Six, Rather than 11, Nominees to the Qualcomm Board
Qualcomm Board Rejects Revised Broadcom Proposal
Qualcomm Lists Carrier and Smartphone Makers that Will Use its 5G Chips in 2019
Could Qualcomm be Excluded From the iPhone Supply Chain?

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 .