|Bid||387.50 x 0|
|Ask||388.00 x 0|
|Day's Range||384.50 - 391.00|
|52 Week Range||199.50 - 391.00|
|Beta (3Y Monthly)||0.75|
|PE Ratio (TTM)||29.62|
|Forward Dividend & Yield||9.00 (2.33%)|
|1y Target Est||N/A|
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.
Jan 30 (Reuters) - MediaTek Inc: * SAYS Q4 OPERATING PROFIT AT T$3.85 BILLION ($125.17 million), DOWN 39.0 PERCENT Q/Q * SAYS 2018 OPERATING PROFIT UP 64.8 PERCENT Y/Y AT T$16.18 BILLION * SAYS IT SEES ...
Between 2011 and 2016, Apple relied on San Diego-based Qualcomm as the sole supplier of such chips, which help iPhones connect to wireless networks. Starting in 2016, Apple split the business between Intel and Qualcomm, but in 2018, Apple moved solely to Intel for its newest phones.
Jan 10 (Reuters) - MediaTek Inc: * SAYS DEC SALES UP 14.7 PERCENT Y/Y Source text for Eikon: Further company coverage: (Reporting by Hong Kong newsroom)
China’s embassy in Canada demanded the U.S. and its neighbor “rectify wrongdoings” and free Wanzhou Meng, who is also deputy chairwoman and the daughter of Huawei founder Ren Zhengfei. U.S. equity futures and Asian stocks slid as the episode reignited concerns about U.S.-Chinese tensions.