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Qualcomm Inc. (QCOM)

  • Mar. 22, 2013, 5:48 PM
    Windows RT (MSFT) has "a very bright future," insists Microsoft exec Michael Angiulo, addressing concerns about the ARM-powered (ARMH) OS' viability in the wake of weak sales and industry criticism. Angiulo suggests the performance of future ARM chips will give RT a boost, and actually argues RT's inability to support legacy Windows apps is good for the user experience. The Verge's Aaron Souppouris isn't sold, not after seeing a Windows 8 Pro system running an Intel (INTC) Clover Trail Atom CPU easily outperform RT systems. (Intel Bay Trail)
  • Mar. 22, 2013, 4:16 PM
    More on Qualcomm: 1) Sharp says it will receive the second part of a $120M investment from Qualcomm by June 28; the payment had been delayed after Sharp failed to hit a deadline for developing specs for new displays based on its low-power IGZO tech. 2) Like its U.S. counterpart, the U.K. version of Samsung's Galaxy S IV will use a Qualcomm processor (the Snapdragon 600). This wasn't the case for the S III, and, along with a prior report about Korean S IV models using Qualcomm chips, demonstrates how Qualcomm's 4G baseband tech lead is yielding share gains.
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  • Mar. 22, 2013, 12:12 PM
    MediaTek is reportedly getting more aggressive about competing against Qualcomm (QCOM), Spreadtrum (SPRD), and Marvell (MRVL) on price: a Taiwanese paper reports MediaTek will cut prices for its mobile processors on April. The price of MediaTek's MT6589 quad-core 3G baseband/app processor, set to be used by 20 OEMs, will fall by $2 to $18. That arguably makes it competitive with Qualcomm's Snapdragon line in the battle for mid-range smartphone designs aimed at markets (such as China) where 4G support isn't needed. (previous)
  • Mar. 20, 2013, 10:00 AM
    Another day, another upgrade for Spreadtrum (SPRD +4.5%). Jefferies' Ken Hui, who is lifting shares to Buy, observes China Mobile's (CHL) strong TD-SCDMA 3G sub growth is increasing the market for Spreadtrum's baseband chips, and that prices have stabilized thanks to supply constraints. The firm now sees China Mobile posting 2013 TD-SCDMA net adds of 74.4M and phone shipments of 139M (+88%). Such growth is also a positive for Marvell (MRVL) and Qualcomm (QCOM). (Chardan Capital upgrade)
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  • Mar. 18, 2013, 6:39 PM
    Google's (GOOG) Nexus 5 phone will have a Nikon camera module that's "better than everything else," a source tells Phone Arena. He also claims the device will have a 5" 1080p display and a Qualcomm (QCOM) Snapdragon 600 processor; a Snapdragon 800 will reportedly go into the next Nexus 10 tablet. Google+ chief Vic Gundotra recently hinted future Nexus phones will deliver major camera improvements. Qualcomm supplies the app processor for the Nexus 4, and has been rumored to be the supplier for the next-gen Nexus 7.
  • Mar. 18, 2013, 2:07 PM
    Qualcomm (QCOM) and RF Micro (RFMD) are "the biggest content share gainers" within Samsung's Galaxy S IV, thinks Brean Capital after going over chip data (I, II). The firm notes RF Micro is seeing higher dollar content on Qualcomm platforms, and that Qualcomm's lead in supporting 4G carrier aggregation (now considered a must-have by some carriers) is bolstering its dominant 4G baseband chip position. Separately, Wedge Partners observes Sony (SNE) is the likely supplier of the S IV's 13MP image sensor, but thinks OmniVision (OVTI) will benefit as Samsung's rivals try to keep pace.
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  • Mar. 18, 2013, 5:42 AM
    Qualcomm (QCOM) has postponed making the second half of a $120M investment in Sharp after the Japanese company missed a deadline to complete the specifications for smartphone and tablet PC screens, and the preparations for their manufacture. The deadline will now move back to June 30. The delay increases the pressure on Sharp, which needs to repay a $2.1B convertible bond in September.
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  • Mar. 15, 2013, 1:53 PM
    Facebook (FB) workers love Mark Zuckerberg: the founder/CEO of the world's biggest social network has received a 99% approval rating from employees on Glassdoor; that's up from 2012's 85%. SAP co-CEOs Bill McDermott and Jim Hagemann, who have been trying to remake the software giant's culture, also come in at 99%. Other tech CEOs receiving high marks include EMC's Joe Tucci (96%), Qualcomm's (QCOM) Paul Jacobs (95%), Google's (GOOG) Larry Page (95%), and Citrix's (CTXS) Mark Templeton (95%). Tim Cook (AAPL) and Jeff Bezos (AMZN) both come in at 93%.
  • Mar. 15, 2013, 1:38 PM
    A Chinese site has already torn down a local version of Samsung's Galaxy S IV. Discovered parts include a Qualcomm (QCOM) 3G baseband chip, an Intel (INTC) baseband chip and RF transceiver, TriQuint (TQNT) and Skyworks (SWKS) power amplifiers, Synaptics (SYNA) and Atmel (ATML) controllers, and a Broadcom (BRCM) GPS receiver. A Qualcomm baseband/app processor is expected in the U.S. version. RBC thinks thinks 70M S IV units could be sold this year, and sees Broadcom (NFC chip and a combo chip with high-speed Wi-Fi to go with the GPS chip) and Maxim (MXIM - power management and infrared chips) benefiting.
  • Mar. 13, 2013, 9:30 AM
    The U.S. version of Samsung's (SSNLF.PK) Galaxy S IV will use a quad-core Qualcomm (QCOM) processor, while international versions will use Samsung's Exynos Octa, Bloomberg reports. The S IV also said to include eye-tracking tech , but it won't support automatic scrolling (as was previously reported) just yet. Other details about the phone, which will be unveiled tomorrow, are in-line with past reports. Separately, the WSJ observes Samsung spent $401M in 2012 on phone advertising in the U.S. (per Kantar Media), more than Apple's (AAPL) $333M.
  • Mar. 12, 2013, 6:58 PM
    Qualcomm (QCOM) roundup: 1) Though FLO TV didn't work out, Qualcomm still sees potential in using broadcast tech to relieve mobile networks. It's working on a solution that automatically broadcasts content in high demand. 2) After reviewing benchmarks, the Microprocessor Report thinks Nvidia's (NVDA) Tegra 4 will outperform Qualcomm's Snapdragon 800 parts. Qualcomm feels differently. 3) The EE Times observes the challenge posed to Qualcomm by MediaTek, whose chips often make up for a lack of cutting-edge performance with competitive pricing and power draw.
  • Mar. 7, 2013, 2:52 PM
    As part of a major 4G LTE phone/infrastructure deal, Samsung (SSNLF.PK) has promised  leading Indian carrier Reliance low-end 4G smartphones that cost just ~$100 unsubsidized, the Times of India reports. The tie-up, which might also feature a JV, could be a positive for 4G baseband chip leader Qualcomm (QCOM), provided Samsung relies on Qualcomm's 4G chips and not its own - Samsung currently uses both.
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  • Mar. 6, 2013, 10:54 AM
    Qualcomm (QCOM -1.8%) gets pulled from Goldman's Conviction Buy list. The firm, which maintains an $80 PT, thinks Qualcomm's chip market share will likely peak this year. Qualcomm is about to see tougher 4G baseband competition (I, II), and the arrival of 4G-only phones could diminish the value of its multi-mode expertise. On the other hand, the company maintains a big edge for now when it comes to 4G baseband/app processors. Also: Nomura isn't impressed with Qualcomm's buyback plan, arguing it won't lower its share count if spread out over 2 years.
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  • Mar. 6, 2013, 9:40 AM
    More on Apple: Berenberg's Adnaan Ahmad has downgraded shares to Sell from Buy, while also cutting his rating on Samsung (SSNLF.PK). With smartphone growth now fueled by emerging markets, "Apple and Samsung margins are peaking and growth is going to be driven by the margin-dilutive mid-to-low-end segment," he argues. Also, Citi has cut its PT to $480, citing weaker iPhone 5 and regular iPad demand. Citi, which cut Apple to Neutral in December, now expects March and June quarter iPhone sales of 34M and 25M, below a consensus of 37M and 32M. AAPL -0.2%.
  • Mar. 6, 2013, 9:13 AM
    Foxconn has begun production of an iPhone 5S (AAPL) that looks much like the iPhone 5, claims Japanese blog MacOtakara, which has a mixed track record (I, II) with iScoops. MacOtakara also reports NTT DoCoMo (DCM) has slashed Android phone orders for the fall, which is fueling speculation an iPhone deal is on the way. Jefferies' Peter Misek argued last month preparation for March iPhone 5S production could be responsible for new iPhone order cuts. Possible/likely suppliers: CRUS, OVTI, SWKS, TQNT, AVGO, QCOM, BRCM, NTE, MFLX, LPL. (yesterday)
  • Mar. 6, 2013, 4:41 AM
    Sharp's (SHCAY.PK) future looks a little more secure after confirming that Samsung (SSNLF.PK) has agreed to invest ¥10.3B ($110M) in the struggling Japanese company in return for a 3% stake. Sharp will also provide large TV panels to the Korean firm and increase the shipments of smaller LCDs. Samsung's investment adds to a $120M injection from Qualcomm (QCOM) in December. Sharp's shares surged 14.05% in Tokyo on reports of the latest deal. (PR)
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Company Description
Qualcomm Inc develops digital communication technology called CDMA (Code Division Multiple Access), & owns intellectual property applicable to products that implement any version of CDMA including patents, patent applications & trade secrets.