Qualcomm Inc. (QCOM) - NASDAQ
  • Jun. 27, 2012, 4:14 PM

    At Qualcomm's (QCOM) Uplinq conference, the mobile chip giant introduced several tools aimed at creating a software ecosystem around its Snapdragon app/baseband processors. Among them: an Android development kit (SDK) focused on multimedia and location features; an augmented reality platform called Vuforia; and Gimbal, an SDK for adding context awareness to apps. Also, CEO Paul Jacobs promised Snapdragon chips would power some of the first Windows RT devices. (previous)

    | Jun. 27, 2012, 4:14 PM
  • Jun. 27, 2012, 11:11 AM

    Taiwan's MediaTek is throwing its hat into the crowded mobile processor market, courtesy of a dual-core chip it says is cheap enough to be used in sub-$200 (unsubsidized) Android phones. The solution will compete with processors from QCOM, NVDA, TXN, INTC, and others. MediaTek, which is also bolstering its mobile chip presence by acquiring Taiwanese peer MStar, has strong relationships with many Chinese OEMs.

    | Jun. 27, 2012, 11:11 AM
  • Jun. 26, 2012, 6:36 PM
    Barclays joins Goldman in cutting its mobile industry forecasts. Total mobile phone shipments are now expected to grow 6% in 2012 and 2013 (8% prior), and smartphone shipments are expected to grow 42% in 2012 (46% prior). Nokia's warning and signs of slowing iPhone sales are cited as reasons. The firm is also cutting its June and September quarter estimates for Qualcomm's (QCOM) baseband chip shipments (already pressured by supply issues) by 3M-4M. (previous)
    | Jun. 26, 2012, 6:36 PM
  • Jun. 25, 2012, 4:05 PM

    With evidence of slowing demand piling in (I, II), Goldman's Simona Jankowski is cutting her 2012 mobile phone shipment forecast to 1.84B units from 1.95B. The new estimate represents Y/Y growth of just 4%. Smartphone sales are now expected to grow 38% to 649M, down from a prior 42% and below other estimates. Western demand is seen pressured by a mixture of macro issues, subsidy cuts, and higher upgrade fees, though Chinese sales are believed to be relatively healthy.

    | Jun. 25, 2012, 4:05 PM
  • Jun. 22, 2012, 5:54 PM

    China Mobile (CHL) will soon begin ordering phones supporting the TD-LTE 4G standard, and hopes to launch a commercial trial in 2H or early 2013, says chairman Xi Guohua. It's added CHL plans to increase its network of TD-LTE base stations by 10x next year to 200K, a move that could pressure regulators to more quickly sign off on full commercial service. 4G baseband chip leader Qualcomm (QCOM) has an incentive to see a quick commercial launch, and so might Apple (AAPL).

    | Jun. 22, 2012, 5:54 PM
  • Jun. 21, 2012, 4:34 PM

    Backing up a recent Jefferies note, Digitimes reports many top phone vendors (nearly everyone besides Apple) have slashed their orders to Taiwanese suppliers, with the cutbacks expected to continue into Q3. Slowing North American smartphone growth and weak Euro phone demand are seen as the culprits. Some component suppliers saw big losses today - RFMD -6.5%, SWKS -5.4%, TQNT -6.6%, QCOM -3.3% - but then again, so did many other chip stocks (SOXX -4.1%).

    | Jun. 21, 2012, 4:34 PM | 1 Comment
  • Jun. 20, 2012, 6:23 PM

    More on Windows Phone 8: AT&T, Verizon, and T-Mobile have promised to support WP8, and Samsung, HTC, and Huawei are joining Nokia as initial hardware partners. Also, Zynga (ZNGA) says it will develop games for WP, and Qualcomm (QCOM) boasts all WP devices currently available run on its processors, while adding WP8 models will use multi-core Snapdragon chips. Broad industry support for WP8 could leave little room for BlackBerry 10 (RIMM) to emerge as a "third ecosystem."

    | Jun. 20, 2012, 6:23 PM | 38 Comments
  • Jun. 20, 2012, 11:35 AM

    More on Samsung: Reviews pour in for the U.S. version of the Galaxy S III, as domestic sales commence. David Pogue calls it "a bright, beautiful star." Mashable's Peter Pachal likes the phone's S Beam file-sharing feature, but isn't crazy about its voice-recognition tech (uses NUAN's Vlingo software). Walt Mossberg argues the phone's real impact comes from its iPhone-like ubiquity, a first for an Android device. QCOM, BRCM, and SWKS are among the chipmakers that benefit from U.S. sales. (previous)

    | Jun. 20, 2012, 11:35 AM
  • Jun. 19, 2012, 11:32 AM

    Nokia (NOK +1.4%) receives an upgrade to Buy from Avian; the firm expects the arrival of Windows Phone 8 and its rich feature set to give the company a lift, and (like others) thinks Windows 8 could provide a "halo effect" for Windows Phone. Avian claims Nokia will release two high-end WP8 models in Q4 - both will feature dual-core Qualcomm (QCOM) processors, and at least one will have an HD display and PureView imaging technology. Less costly models are due in Q1.

    | Jun. 19, 2012, 11:32 AM | 1 Comment
  • Jun. 19, 2012, 11:04 AM

    TSMC's (TSM) customers, who include many top chip developers, have become cautious about placing Q4 orders due to market uncertainty, Digitimes reports. However, demand for TSMC's 28nm manufacturing process, which has been supply-constrained due to big orders from NVDA, QCOM, and others, remains strong. Jefferies reported yesterday many smartphone OEMs have slashed component orders, while others have indicated PC orders are under pressure.

    | Jun. 19, 2012, 11:04 AM
  • Jun. 19, 2012, 9:51 AM

    Nvidia (NVDA +4.1%) rallies after the company discloses the ARM-based version of Microsoft Surface will run on a Tegra app processor (the specific Tegra chip remains a mystery). Google's (GOOG) upcoming Nexus tablet, which really has its work cut out for it now, is expected to use a Tegra 3 processor. Microsoft's (MSFT) decision to go with Nvidia is a minor disappointment for Qualcomm (QCOM), which announced a Windows 8 partnership with Microsoft at CES.

    | Jun. 19, 2012, 9:51 AM
  • Jun. 18, 2012, 6:01 PM
    China Telecom (CHA) has reportedly placed an order for 40M phones capable of running on its EV-DO 3G network. Most of the phones will sell for CNY700-2,000 ($111-$317). Qualcomm (QCOM), the dominant player in the EV-DO baseband chip market, should benefit. Chinese 3G adoption has surged in recent months. (also)
    | Jun. 18, 2012, 6:01 PM
  • Jun. 18, 2012, 11:36 AM
    Smartphone vendors Samsung, Huawei, ZTE, HTC, Nokia, and Research In Motion have slashed component orders by 5%-20% due to "an unexpected slowdown in smartphone sales," believes Jefferies' Peter Misek after conducting supply chain checks. If true, that's a negative for both phone and component vendors. Separately, Raymond James' Tavis McCourt is cutting estimates for Qualcomm (QCOM) on a belief 2Q/3Q phone volumes "could be flattish from 1Q levels." (also)
    | Jun. 18, 2012, 11:36 AM | 5 Comments
  • Jun. 18, 2012, 8:04 AM

    Qualcomm (QCOM) says it will buy Summit Microelectronics for an undisclosed amount. The acquired company is a specialist in producing the power management chips that are used in mobile devices.

    | Jun. 18, 2012, 8:04 AM
  • Jun. 15, 2012, 11:47 AM

    Qualcomm (QCOM) and Broadcom (BRCM) have begun producing 4G baseband and Wi-Fi chips, respectively, for the next-gen iPhone (AAPL) via TSMC's (TSM) 28nm process, Digitimes reports. OmniVision (OVTI), STMicroelectronics (STM), Texas Instruments (TXN), and NXP (NXPI) are also said to be ramping production of next-gen iPhone chips. It's added TSMC's 28nm supply constraints, exacerbated by Nvidia's (NVDA) significant needs, continue to be a problem.

    | Jun. 15, 2012, 11:47 AM | 1 Comment
  • Jun. 14, 2012, 4:03 PM

    Qualcomm (QCOM -3.7%) and Skyworks (SWKS -3.4%) end up on the list of names (previous) dinged by Nokia's warning. Qualcomm's decline, which likely relates to its status as the top chip supplier for Nokia's Lumia phones, comes even though Wedge Partners' Brian Blair is defending the company against fears Samsung's (SSNLF.PK) phone sales are weakening. Blair thinks the Galaxy S III is propping up Samsung, and argues FY12 estimates for Qualcomm are too low.

    | Jun. 14, 2012, 4:03 PM | 7 Comments
Company Description
QUALCOMM, Inc. engages in the development, design, manufacture, and marketing of digital telecommunications products and services. It operates through three segments: Qualcomm CDMA Technologies, Qualcomm Technology Licensing, and Qualcomm Strategic Initiatives. The Qualcomm CDMA Technologies... More
Sector: Technology
Industry: Communication Equipment
Country: United States