In a statement Qualcomm Inc said, it will undertake a stock buyback program worth $10 billion with immediate effect. The stock buyback is in addition to its earlier announcement in July 2018, wherein it had said it will further repurchase its… Read More ›
Qualcomm Inc
Shrinking global tech demand drags down Taiwan’s economy
The rollout of 5G in many countries along with newer upgraded models of smartphones could spur exports orders for the island nation. On Monday, data from Taiwan’s Ministry of Economic Affairs showed, its export orders fell for the fifth straight… Read More ›
South Korean antitrust regulator KFTC lowers decade old fine on Qualcomm to $200 million
The cut in the fine comes in the wake of a Supreme Court ruling. The Korea Fair Trade Commission has made it clear that it will not tolerate a “monopolist enterprise’s abuse of its market position …” On Thursday, South… Read More ›
U.S. President Donald Trump blocks Broadcom Ltd’s acquisition of Qualcomm Inc
The strategic move by U.S. President Donald Trump, on national security concerns, effectively blocks China’s Huawei from being a dominant player in the emerging 5G mobile cell phone technology and allows other major players level-playing grounds in the setting up… Read More ›
Here’s how the U.S. industry is going to benefit from the tax overhaul
The Republican-led overhaul of the U.S. tax code, a milestone in U.S. history, has direct and indirect benefits but the sectors that are likely to gain the most are highlighted below with notes from analysts. With the Republican-led U.S. House… Read More ›
Qualcomm Inc files 3 new patent infringement cases against Apple
Ramping up its charges against Apple, Qualcomm has filed a civil lawsuit and two civil patent infringement lawsuits against Apple. Escalating its complaint against Apple, Qualcomm Inc has filed three three new patent infringement complaints against Apple Inc saying 16… Read More ›