|Bid||51.51 x 200|
|Ask||52.98 x 100|
|Day's Range||51.78 - 52.40|
|52 Week Range||51.05 - 71.62|
|PE Ratio (TTM)||17.40|
|Dividend & Yield||2.28 (4.36%)|
|1y Target Est||N/A|
Cubic Telecom, a supplier of data connections for cars and other "internet of things" devices, said on Thursday it has closed a new $46.5 million (39.4 million euros) funding round from investors including chipmaker Qualcomm and Audi's venture arm. The 11-year-old Irish start-up said new investors include Spanish mobile data card maker Valid Soluciones Tecnologicas and the Ireland Strategic Investment Fund (ISIF). Cubic has raised a total of $83.5 million to date, with Qualcomm and Audi having invested previously.
The Galaxy Note 8 has been announced and Samsung’s mystery phablet is no longer a mystery. So naturally it’s time to turn our attention to Samsung’s next hero handset, the Galaxy S9.
For most of 2017 Qualcomm shares and results have been battered by an ongoing dispute with Apple Inc. (NASDAQ:AAPL) over royalties on its intellectual property. Apple demands a cut and Qualcomm, so far, has been unwilling to grant them. Apple has begun using Intel Corporation (NASDAQ:INTC) modem chips in some iPhones, and Qualcomm has responded by asking the International Trade Commission to prevent imports of Apple products containing those chips.