Qualcomm announced a "resolution" with China's National Development and Reform Commission, which has been investigating Qualcomm's patent-licensing business in the country. Under the agreement, Qualcomm will pay a $975 million fine and will modify some of its business and licensing practices. The company also updated its revenue and earnings expectations due to the resolution.
Qualcomm will likely pay a fine of up to $1 billion and cut its royalty rates by around a third on patents used in China to settle an investigation into the company's licensing practices there, according to a Reuters report.
Google and Qualcomm might share a lot of visionary goals, like getting Internet access to far-flung places around the globe that don't yet have it, but when it comes to the 600 MHz guard bands and unlicensed operations, they're pretty far apart.
Apple is going to rely on rival Samsung Electronics to produce the processor for its next iPhone models, according to a Re/code report, which would be a major coup for Samsung's semiconductor unit.
British chipset design company ARM Holdings announced its new Cortex-A72 processor, which the company said is more than three times more powerful than its current designs while using 75 percent less power. The product is noteworthy since ARM's designs power the chips inside the vast majority of the world's smartphones, including the Apple iPhone and Samsung's Galaxy phones.
ARM unveiled a new processor IP it said offers 50-times better performance than silicon from five years ago, as Qualcomm--one of the UK company's customers--sought to ease concerns over its smartphone processor prowess following reports Samsung is dropping the company's high-end Snapdragon 801 processor.
With its storied history of broken promises and multiple bankruptcies, the satellite communications industry isn't exactly one that stands out as an attractive investment. Still, when you've got personalities like Elon Musk and Sir Richard Branson investing in new ventures, you can't help but wonder if they're onto something.
Qualcomm cut its outlook for the second half of its fiscal year in part because it disclosed that its Snapdragon 810 processor "will not be in the upcoming design cycle of a large customer's flagship device."
Qualcomm is the dominant smartphone chipset supplier around the world and in the U.S. market, but MediaTek hopes to change that, especially as average selling prices for phones continue to drop. MediaTek is the premier silicon provider in the entry-level and mid-range smartphone market in China and the company has been steadily boosting the performance of its chips, especially by combining them with LTE modems. Now, MediaTek is looking beyond China and East Asia.
Qualcomm is expected to provide Samsung Electronics with a new version of its Snapdragon 810 chipset in March for the next version of Samsung's flagship Galaxy S smartphone, according to a Wall Street Journal report. The report came after Bloomberg reported that Samsung would not use Qualcomm silicon in the next version of its phone because the Qualcomm chipset overheated during testing. Instead, Samsung will reportedly use its own chipset.