Chipmaker Qualcomm (QCOM) will close its wireless FLO TV service in March and give refunds to...

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

Chipmaker Qualcomm (QCOM) will close its wireless FLO TV service in March and give refunds to customers who bought the requisite viewing gear. The company has estimated it will cost up to $175M to exit the business. Qualcomm closed at +0.8%.