During his recent visit to China, President Barack Obama pushed his Chinese counterpart, Xi Jinping, on the use of Chinese antitrust policy to limit royalty fees for foreign companies, according to a Reuters report. The high-level involvement comes as China appears close to nearing a decision on royalty fees that could see Qualcomm slapped with a $1 billion penalty.
Qualcomm is cutting around 600 jobs globally as part of a shift in the chipset giant's business, according to a CNET report. The cuts represent only around 2 percent of the company's total workforce.
Longtime Qualcomm executive Rob Chandhok, who spearheaded Qualcomm's efforts in the Internet of Things market, is leaving the company, according to a Re/code report.
Sony can enjoy greater success as a supplier of smartphone components than a manufacturer in its own right, analysts say.
Downlink data speeds on LTE networks get a lot of attention, and uplink speeds get much less love. That's mainly because carriers and consumers have long been concerned with what kinds of streaming data can be pulled down from the network to mobile devices. However, chipset suppliers are starting to herald the importance of increasing uplink bandwidth for applications like cloud data uploads and video calling.
Intel intends to cut the losses in its mobile chipset business next year, but will still likely lose billions of dollars in the mobility market in 2015. However, top company executives have said that the losses have been necessary to get the silicon giant into mobile after years of passivity.
Qualcomm executives noted that the company continues to face hurdles in China, and partially as a result the firm said it is now expecting a slightly more conservative growth rate during the next five years. However, the chipset giant still thinks it has plenty of room to grow thanks to increasing LTE and smartphone adoption and its decision to move into new areas, such as supplying silicon for servers.
Intel is going to merge its chipset unit targeting smartphones and tablets with it PC chip unit, arguing that the distinction is blurring between different computing models.
Qualcomm warned that its 2015 sales and profit could be hurt by the outcome of an anti-monopoly investigation into the company's licensing practices in China, the world's largest smartphone market. The chipset giant also disclosed that it is facing probes from the Federal Trade Commission and European Commission.
A group of researchers from Chalmers University of Technology in Gothenburg, Sweden, and Ericsson is getting recognition for setting a new world record in wireless data transmission rates using a new type of microwave circuit.