As far as Qualcomm (QCOM) is concerned, Samsung's reported Galaxy S4 order cuts aren't a...

|About: Qualcomm Inc. (QCOM)|By:, SA News Editor

As far as Qualcomm (QCOM) is concerned, Samsung's reported Galaxy S4 order cuts aren't a problem, says Morgan Stanley. The firm thinks the S4 weakness is being compensated by strength in the mid-range, where Qualcomm has more share, and thinks the company's June quarter is on track. Qualcomm is the biggest chip supplier for S4 models featuring a Qualcomm app processor - iFixit found 6 Qualcomm chips in the U.S. version - but Samsung's Exynos 5 Octa processor is used in many international units.