Wall Street wasn’t too thrilled with chipmaker Qualcomm’s third quarter financial results this week, which missed on both revenue and guidance. According to CEO Steve Mollenkopf, Huawei gained smartphone market share in China, which hurt the company. The two companies are in a royalty dispute and Qualcomm excluded licensing revenue Huawei in its forward guidance. … Continue reading “Qualcomm Disappoints in Latest Quarterly Report”
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