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  • Competition is intensifying for Qualcomm's (QCOM -2%) Snapdragon baseband/app processors, says Avian, which downgraded shares to Neutral. Nvidia (NVDA) has been picking up design wins, Mediatek has deals with Chinese OEMs, and Broadcom (BRCM) has a growing mid-range presence. This leads Avian to worry Qualcomm will see a mix shift towards cheaper standalone baseband chips, such as the one used in the iPhone 5. In Qualcomm's defense, there have been several high-profile Snapdragon design wins (I, II, III, IV) in recent months. [View news story]
    QCOM has a good sized support gap if it doesn't hold here, 59.44 is the next support below (double).
    Oct 9 01:48 AM | Likes Like |Link to Comment
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