|Bid||419.00 x 0|
|Ask||419.50 x 0|
|Day's Range||417.00 - 422.00|
|52 Week Range||237.00 - 464.00|
|Beta (5Y Monthly)||0.65|
|PE Ratio (TTM)||31.78|
|Forward Dividend & Yield||9.00 (2.14%)|
|Ex-Dividend Date||Jul 08, 2019|
|1y Target Est||N/A|
Investment bank JPMorgan believes iPhone maker Apple is the most likely buyer of Broadcom's wireless chip businesses. Broadcom stock rose on Tuesday. Apple stock hit a record high.
Qualcomm (NASDAQ:QCOM) shares have spent the last six months grinding back to the high they achieved in April, after the company settled its patent suit with Apple (NASDAQ:AAPL) on favorable terms.Source: Michael Vi / Shutterstock.com Shares opened Nov. 27 at $85.16. That's a market capitalization of nearly $97 billion, on expected sales of about $20 billion for the fiscal year that started in October. The trailing price-to-earnings ratio is high at 23.6, but the 62 cent per share dividend yields 2.9%, which compensates for it.With stock averages at a record high, it's hard to say buy anything. But if you're an income investor who can't get more than 2.3% on your money from the government, Qualcomm stock looks attractive right here.InvestorPlace - Stock Market News, Stock Advice & Trading Tips 5G Is ComingQualcomm is all about 5G, where it dominates the intellectual property landscape and still has a functional monopoly, because chip companies are made to buy that property even if they make chips.There are two threats to the monopoly. One is Huawei, which America's government tells phone makers to run away from. The second is the Federal Trade Commission, which continues to attack the base of the monopoly in court as an antitrust violation. * 7 Stocks to Buy in December The FTC's stance puts it at odds with President Donald Trump's Administration. Federal agencies call Qualcomm's market position essential to national security, pointing to the threat of China. The FTC case against Qualcomm is on appeal from a May decision, pending a hearing before the Ninth Circuit Court of Appeals.Qualcomm currently has 45% of the mobile processor market with its Snapdragon line. Apple, while paying Qualcomm for its technology, still wants to make its own modems. Intel (NASDAQ:INTC) has announced it will partner with MediaTek (OTCMKTS:MDTKF), a Taiwanese company, in 5G modems. The biggest threat remains Huawei, which has doubled its share of the mobile phone market in just three years, to nearly 20%. What's Next?InvestorPlace's Tom Taulli recently wrote about the opportunities Qualcomm has beyond 5G. These include self-driving cars and tiny devices to automate currently inanimate objects, the so-called internet of things.These are now products you hold in your hand. They're existing products that are getting sensors, software and connectivity that work in the background. The markets haven't exploded because of concerns over privacy, security and whether computers can be trusted. Nevertheless, analysts still have their hockey sticks out, predicting the IoT market alone, now worth $212 billion, could be worth $1.6 trillion in 2025.If the analysts are even half right, investors could double their money.In addition to pushing its own IoT platform, Qualcomm is nurturing startups through its Qualcomm Ventures unit. That unit recently put $40 million into Particle, whose software stack works in industrial automation. The Bottom Line on Qualcomm StockEven assuming courts force it to change its licenses and accommodate competitors, Qualcomm remains well-placed in the mobile market.The heart of the 5G opportunity isn't that your smartphone gets faster. It's that wireless connectivity becomes ubiquitous, with modems moving sensor data from machines, wearables and even traffic lights, automating life in new ways.There are hundreds of devices in your home, and thousands in your daily life. You turn them on, turn them off and regulate them. Adding intelligence to them makes them safer and foolproof. That's assuming you can trust the machines.It's that future which makes Qualcomm a foundation stock in any tech portfolio, despite its legal hassles.Dana Blankenhorn is a financial and technology journalist. He is the author of the environmental story, Bridget O'Flynn and the Bear, available at the Amazon Kindle store. Write him at firstname.lastname@example.org or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in AAPL. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy in December * 7 Unsteady Stocks Investors Should Consider Selling Before 2020 * 7 Entertainment Stocks to Buy to Escape Holiday Blues The post Qualcomm and QCOM Stock Are the Center of the Tech Universe appeared first on InvestorPlace.
MediaTek today unveiled Dimensity, MediaTek's family of powerful 5G system-on-chips (SoCs) offering an unrivaled combination of connectivity, multimedia, AI and imaging innovations for premium and flagship smartphones.
MediaTek today announced it is partnering with Intel to bring MediaTek's new 5G modem to PCs. Through this partnership, Intel has been working with MediaTek on the 5G solution for deployment in key consumer and commercial laptop segments. MediaTek is developing the 5G modem and working with partners to manufacture the solution.
North Korea is evading U.N. sanctions to cash in on soaring domestic demand for smartphones, using low-cost hardware imports to generate significant income for the regime, according to defectors, experts and an analysis of North Korean-made phones. Economists estimate as many as six million North Koreans - a quarter of the population - now have mobile phones, a critical tool for participating in an informal market economy that has become a key income source for many. Reuters spoke to some 10 defectors and experts about the use of mobile devices in North Korea, as well as reviewing state media reports and advertisements for mobile devices, and examining two North Korean-branded smartphones.
SAN FRANCISCO/BERLIN, Sept 6 (Reuters) - Qualcomm Inc promised on Friday to bring 5G mobile phones to the masses with a high-end modem and said its chips would also power mid-price devices hitting the market next year. Fifth-generation chipsets from Qualcomm, the world's biggest supplier of mobile phone chips, now run on five devices from Samsung Electronics, including the $1,299 Galaxy S10 5G model and the new $2,000 Galaxy Fold. Samsung, the world's top smartphone seller, has also put Qualcomm chips in its lower-priced A90 5G model, which had used Samsung chips in an earlier version.
MediaTek is best know for making chips that go into smart speaker devices such as Amazon.com Inc's Echo units and for making the chips inside the more basic Android phones. Qualcomm's older chips also find their way into some of those low-priced phones, but the San Diego company is better known for supplying high-powered chips to more expensive Android phones such as Google's Pixel. With a new chip unveiled at the Computex trade show in Taiwan, MediaTek is targeting the more powerful phones currently supplied by Qualcomm.
The first wave of 5G devices carried a high premium, but MediaTek is working hard to ensure that budget handsets aren't left behind. The company has announced a new 5G-compatible system-on-chip that will offer decent performance and 5G connectivity to lower-end devices. The elegantly-named Integrated 5G SoC combines MediaTek's M70 5G modem with Arm's Cortex-A77 CPU and Mali-G77 GPU.
April 30 (Reuters) - MediaTek Inc: * SAYS Q1 CONSOLIDATED OPERATING INCOME UP 64.3 PERCENT Y/Y AT T$3.16 BILLION ($102.29 million) * SAYS Q1 NET PROFIT AT T$3.41 BILLION * SAYS IT SEES Q2 CONSOLIDATED ...
By Stephen Nellis SAN FRANCISCO (Reuters) - Apple Inc and Qualcomm Inc on Tuesday settled an acrimonious two-year legal dispute. Shortly afterward, Intel Corp said it will exit the smartphone modem chip ...
China's Huawei Technologies said on Tuesday it has not held talks with Apple Inc about supplying 5G chipsets, a day after its founder said it was open to selling such chips to the U.S. firm which has yet to unveil dates for a next-gen iPhone. Apple is behind rivals such as South Korea's Samsung Electronics Co and Huawei in delivering a phone equipped with fifth-generation (5G) modems that is expected to provide fresh momentum in a slumping global smartphone market. Intel Corp, the sole supplier of modem chips for iPhones, has said its 5G chips will not appear in mobile phones until 2020, raising the possibility that Apple, its biggest customer, will be more than a year behind rivals in delivering a device that uses the faster 5G networks.
April 10 (Reuters) - MediaTek Inc: * SAYS MARCH SALES UP 11.0 PERCENT Y/Y Source text for Eikon: Further company coverage: (Reporting by Hong Kong newsroom)
Remember how shampoo magnate John Paul DeJoria threw himself into the mobile world five years ago? He's now offering smartphones -- and they might be appealing if you find most budget phones a little boring. Rokit's newly launched Io 3D and Io Pro 3D (above) both offer glasses-free 3D without the expense that usually comes with the tech. You won't need to go to the length of buying a RED Hydrogen One just to bedazzle your friends. There's even an "expansive" catalog of content to watch through an app that that hosts movies and other stereoscopic material.
March 8 (Reuters) - MediaTek Inc: * SAYS UNIT NEPHOS CAYMAN AGREES TO BUY BACK 6.82 PERCENT STAKE IN NEPHOS (HEFEI) FOR UP TO $18 MILLION FROM HEFEI GAOXIN DEVELOPMENT & INVESTMENT Source text for Eikon: ...
March 8 (Reuters) - MediaTek Inc: * SAYS FEB SALES UP 11.4 PERCENT Y/Y Source text in Chinese: https://bit.ly/29I3zX1 Further company coverage: (Reporting by Hong Kong newsroom)
San Diego-based Qualcomm is the world's biggest supplier of mobile phone chips and has told investors it expects a big boost from 5G networks, which will start rolling out this year and feature higher speeds than current 4G networks. Qualcomm chips will supply the 5G connectivity in devices such as Samsung Electronics Co Ltd's Galaxy Fold smart phone.
Sandra Rivera, who oversees Intel's networking chip business, said at a media event in Palo Alto, California, that sample 5G modem chips will ship to customers this year but that Intel does not expect consumer "products in the market" until 2020. Intel has said its 5G modem chip will be available later this year, but it never indicated when it believed products will arrive for consumers.
Qualcomm, the world's largest mobile chip supplier, is hoping the device will fuel the spread of 5G phones later this year and next year. While Chinese phone makers such as Xiaomi Corp last year used Qualcomm's first-generation chip for small batches of 5G phones, the second-generation chip announced Tuesday is aimed at mass production. The move comes a day before Samsung Electronics Co Ltd, the world's largest smart phone maker, is set to announce its new flagship Galaxy series phones.
Feb 15 (Reuters) - MediaTek Inc: * SAYS JAN SALES DOWN 3.5 PERCENT Y/Y Source text in Chinese: https://bit.ly/29I3zX1 Further company coverage: (Reporting by Hong Kong newsroom)
Modems are an indispensable part of phones and other mobile devices, connecting them to wireless data networks. Apple once used Qualcomm Inc chips exclusively but began phasing in Intel Corp chips in 2016 and dropped Qualcomm from iPhones released last year. Johny Srouji, Apple's senior vice president of hardware technologies, took over the company's modem design efforts in January, the sources said.