Qualcomm reported falling earnings in the first quarter, and reduced its 2015 financial outlook from its previous expectations. The company also warned it expects Samsung to continue to move away from Qualcomm chips in future phones--exacerbating a trend Samsung started with its new flagship Android smartphone, the Galaxy S6, which dropped Qualcomm chips in favor of Samsung's own silicon.
SAN MATEO, Calif.--Representing divergent views from the Wi-Fi and LTE industries, panelists from Ericsson, Qualcomm, Ruckus Wireless and CableLabs engaged in a lively debate at the Wi-Fi Innovation Summit here Wednesday about LTE-U/LAA and its impact on Wi-Fi. Or lack thereof, depending on your viewpoint.
Qualcomm will go with Samsung Electronics as its partner to manufacture its next-generation Snapdragon 820 chipset, according to a Re/code report, potentially dealing another blow to silicon fabricator Taiwan Semiconductor Manufacturing Co.
How did the wireless industry perform in the first quarter of 2015? Check here throughout the first-quarter earnings report season for full earnings reports from the wireless industry's carriers, handset makers, equipment suppliers and others.
Qualcomm brushed off calls from an activist shareholder to break up its chipset and patent-licensing businesses, arguing that keeping them together is in the best interests of shareholders. However, as the Wall Street Journal details, Qualcomm's profitable royalty business is coming under pressure from industry trade groups and competitors.
Qualcomm is facing pressure from an activist shareholder, the hedge fund Jana Partners, to break up its chipset business from its patent-licensing arm, with Jana arguing that the chip business is "essentially worthless" at current valuations.
Qualcomm subsidiary Qualcomm Life is launching an enterprise private-label app called HealthyCircles that is intended to help consumers manage and personalize their healthcare.
Apple will use Samsung processors in its next iPhone, according to a new report. Further, Samsung is using its own modems in some models of its new Galaxy S6 smartphone instead of those from Qualcomm. The developments could help Samsung turn a $900 million loss last year into a $900 million gain this year in its non-memory semiconductor business, according to HI Investment.
Unlike rivals Verizon Wireless and T-Mobile US, AT&T Mobility is not in a rush to trial and deploy LTE-Unlicensed (LTE-U) technology, according to an AT&T executive. AT&T might use LTE-U, but only if it can assure that it will not harm Wi-Fi, according to AT&T's Tom Keathley, who said that the carrier would be willing to wait for a standardized version of the technology known as a Licensed-Assisted Access.
Mobile startup Cyanogen, which aims to cut into Google's control over the Android platform by offering a modified version of the software, raised $80 million in fresh funding.