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Tag Archives: Qualcomm

China has decided to buy NXP through Qualcomm

The Chinese authorities will approve the acquisition of Dutch NXP Semiconductors NV by Qualcomm Inc. in the coming days, according to the person familiar with the matter. This would be another important step in easing the frayed US China trade relations China's state market regulator, which has conducted the antitrust review, will hold a meeting on Monday on this issue. …

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Qualcomm to hit China regulators to clear $ 44 bln NXP deal – Business News

BEIJING: Qualcomm Inc expects to meet with Chinese antitrust authorities this week in Beijing to secure clearance for its planned $ 44 billion acquisition of NXP Semiconductors NV, three sources told Reuters. The takeover was intercepted In the crosshairs of rising tensions between the US and China, the sources that agreed would depend on the progress of wider bilateral talks. …

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Qualcomm makes midrange Android phones more powerful with its new Snapdragon 710 chip

What's more powerful than Qualcommn's midrange Snapdragon 660 processor, but not quite as powerful as the top-of-the-line Snapdragon 845 chip found in flagships like the Samsung Galaxy S9? The answer seems to be Qualcomm's latest mobile processor, the Snapdragon 710, and the first Snapdragon 700-series chip announced earlier this year. Qualcomm keeps the same promises as the 710 announced in …

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Qualcomm chip sales indicate some smartphone strength

(Reuters) – The quarterly earnings and sales of US chipmaker Qualcomm Inc ( QCOM.O ) exceeded Wall Street forecasts, suggesting that a slowdown in the global smartphone business is less worse than feared could be weak predictions from suppliers. FILE PHOTO: A sign on the Qualcomm campus can be seen in San Diego, California, USA on November 6, 2017. REUTERS …

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Qualcomm Forecast Shows China Phone Market May Be Rebounding

April 25, 2018, 4:29 PM EDT EDT Qualcomm Inc. gave a more positive outlook than analysts expected, Sparking optimism that the Chinese smartphone market is showing signs of life. Sales want to be $ 4.8 billion to $ 5.6 billion in the third quarter, the San Diego-based company said Wednesday in a statement. Analysts' average revenue of $ 5.45 billion, …

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Qualcomm fires more than 1,500 people

Qualcomm is cutting more than 1,500 jobs in California and an unknown number in other parts of the US and around the world. San Diego-based chipmaker says the cuts are part of a $ 1 billion cost-cutting plan announced in January. A company spokesman said the layoffs included full-time and part-time workers. Documents submitted to the California Employment Development Agency …

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Qualcomm is cutting some 1,500 jobs in California to cut costs

Qualcomm has begun job losses in California with the goal of releasing some 1,500 people to meet a $ 1 billion savings requirement for investors, Bloomberg reports. Job cuts are concentrated in California, but layoffs will also occur elsewhere. The company currently employs approximately 33,800 people worldwide. "We first evaluated the cost reductions for staffless staff, but concluded that downsizing …

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Qualcomm can be a collateral damage in an American-Chinese trade war

Jeff Fieldhack, Research Director at Counterpoint Technology Market Research, said that this would be a significant blow to the company, which supplied chips to more than half of the approximately 45 million smartphones ZTE sold worldwide last year. Qualcomm declined to comment. In recent years, Qualcomm has been increasingly in an uncomfortable spotlight in China. By 2013, the company was …

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