|Bid||83.84 x 1000|
|Ask||83.90 x 1000|
|Day's Range||83.42 - 84.25|
|52 Week Range||49.10 - 94.11|
|Beta (3Y Monthly)||1.61|
|PE Ratio (TTM)||23.35|
|Forward Dividend & Yield||2.48 (3.08%)|
|1y Target Est||N/A|
Telecom giant Huawei is calling the ban by the Federal Communications Commission "unconstitutional." Yahoo Finance's Adam Shapiro, Julie Hyman, Dan Roberts and Akiko Fujita break down the details.
Dec.04 -- South Korea’s High Court ruled in favor of the Korean antitrust regulator over a record 1.03 trillion won ($864 million) fine against Qualcomm Inc. for the abuse of its market dominance in modem chipsets. Qualcomm says it will file an appeal to the ruling. Ian King reports on "Bloomberg Technology: "
(Bloomberg) -- As protests jolt Hong Kong business, organizations from Alibaba Group Holding Ltd. to universities are adapting by going digital, switching to video-conferencing app Zoom to conduct online investor briefings and virtual lectures.Zoom Video Communications Inc. joins a number of internet services that have taken off since the unrest began over the summer, from mobile messenger Telegram to work-at-home apps. In a financial hub that thrives on face-to-face deal-making and power lunches, Zoom helps fill a void created by transport disruptions and concerns about personal safety.Hong Kong’s business community leans on the app’s features, which include slide-sharing and support for up to 1,000 call participants, to carry on cross-border communications and with mainland China, where WhatsApp, Telegram and Google alternatives are banned. There’s a local version of Zoom that’s compatible, which is why the app’s downloads in Hong Kong soared 460% in November, after an escalation in protest violence first triggered a spike in September, according to researcher Sensor Tower.Read more: Zoom’s Eric Yuan, the CEO Who Made Videoconferencing Bearable“As schools continue to be in lock-down mode, we’ve had to move our lectures online to minimize disruption,” said Cheung Siu Wai, a professor at Hong Kong Baptist University, adding Skype has been another option.Now valued at $19 billion, Zoom’s shares have almost doubled since listing on the Nasdaq this year. It’s unclear how the spike in downloads may translate into revenue growth for Zoom, founded by Chinese emigrant Eric Yuan, who now resides in California.The company has various pricing tiers and recently added HSBC to a roster of paying clients that includes Uber Technologies Inc. and Zendesk Inc., underpinning 85% growth in revenue to $167 million in the October quarter. Representatives for the company, which is backed by investors including Salesforce.com Inc., Tiger Global and Qualcomm Inc., declined to comment on how the Hong Kong protests have affected its business.”With the periodic traffic disruptions, our colleagues have no choice but to use video-conferencing apps,” said Derek Chan, co-founder of Master Concept, a Hong Kong-based cloud service provider.To contact the reporters on this story: Carol Zhong in Hong Kong at firstname.lastname@example.org;Lulu Yilun Chen in Hong Kong at email@example.comTo contact the editors responsible for this story: Edwin Chan at firstname.lastname@example.org, Vlad SavovFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Between the latency limitations of 4G cellular networks and the need for players to wave a smartphone around to do anything in AR, the tech just isn't where Niantic wants it to be. As I wrote in a profile of Niantic back in April, the company has been focusing a ton of its efforts on what's possible as things like 5G and AR glasses become more readily available. Niantic CEO John Hanke is betting on AR glasses being the thing after smartphones.
(Bloomberg) -- Qualcomm Inc. is under no illusions about how long it will take to make a dent in Intel Corp.’s dominance of the laptop market. But a new set of chips it’s offering will make it tougher to keep Qualcomm out of computers.San Diego-based Qualcomm, whose processors are the heart of most of the world’s high-end smartphones, is trying to carve out a niche for its technology with laptops that last more than a day on a single battery charge and are always connected to the internet. Current models, such as Microsoft Corp.’s Surface Pro X, cost more than $1,000. Qualcomm is now rolling out new chips that will allow PC makers to build machines that compete with budget systems retailing for as low as $300.“We were not confused. We knew this market would take a long time,” said Qualcomm product director Miguel Nunes. “We still understand it’s going to take longer.”More affordable devices will help, Nunes said. But Qualcomm and other interlopers need new ways to reach consumers if they’re to overcome Intel’s brand recognition and marketing spending. One thing that’s helping is the sale of Qualcomm chip-based laptops by mobile phone service providers. Like phones, they’re increasingly being offered on monthly installment purchase plans, making the devices more affordable, Nunes said. Carriers like the cellular component of Qualcomm chips which ties customers to their networks, he said.Corporations like the idea that the the machines they give to employees are always connected to the internet. Interest from that market has surprised Qualcomm. Knowing where the machines are and being able to update them all the time are advantages of a cellular link, Nunes said.Qualcomm’s attempts to get into PCs are part of a broader push to push mobile technology into devices outside of the smartphone market. Growth in smartphones has slowed as consumers have shown less interest in upgrading to devices that offer marginal improvements over existing models. Qualcomm is targeting PCs in particular where it believes chips based on mobile technology can offer huge improvements in battery life, promised but not delivered by Intel-based devices, and have them continually connected to the internet.“One of the challenges we’ve seen is that the computing industry was plagued by a lot of lies when you talk about battery life,” Nunes said. “Consumers don’t believe you.”Qualcomm-based devices go days without needing to be plugged in, he said. With coming fifth-generation networks, they’ll also get extremely fast data all the time, enabling them to take advantage of more powerful computing over the internet, he said.The company is holding its annual conference in Hawaii. It has introduced new 5G chips for mobile phones, including ones that will enable cheaper handsets from early next year, and a new offering for virtual reality and augmented realty headsets.To contact the reporter on this story: Ian King in San Francisco at email@example.comTo contact the editors responsible for this story: Jillian Ward at firstname.lastname@example.org, Molly Schuetz, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Many investors are often captivated by the more glamorous side of the technology sector and although Apple (AAPL), Microsoft (MSFT) and Qualcomm (QCOM) are older companies, share price appreciation puts those behemoths in the glitzy category. Importantly, many legacy technology are dividend payers and growers. TDV is the only ETF focused on U.S. technology dividend growers—Technology Dividend Aristocrats—that have raised their dividends for a minimum of seven consecutive years.
Boasting Europe's largest 5G network across 58 cities and as a global leader in IoT with more than 90 million connections, Vodafone (VOD) is the first telco to bring AWS Wavelength in the country.
Backed by favorable business dynamics, AT&T (T) forecasts consolidated revenues at a CAGR of 1-2% for 2020-2022, and EBITDA margins to expand 200 basis points by 2022.
There will be a top-level panel plus a medley of Tech Scroll Asia writers pitching their big tech themes for 2020. Hi everyone — Taiwan is losing a lot of top chip engineering talent to competitors in mainland China, in a scare for the island’s world-leading tech companies. Some Japanese companies, meanwhile, are looking to China’s 5G telecoms rollout with eager expectation.
Investing.com - U.S. futures edged higher on Wednesday after Bloomberg reported that the U.S. and China are edging closer to a trade deal, citing unnamed sources.
Qualcomm said it would appeal a South Korean court decision on Wednesday to uphold a record $873 million fine against the U.S. chip giant for unfair business practices related to patent licensing and modem chip sales. The ruling by the Seoul High Court is a setback for Qualcomm as it battles customers over royalties and antitrust violations around the world, including an ongoing case brought by the U.S. Federal Trade Commission.
Qualcomm said it would appeal a South Korean court decision on Wednesday to uphold a record $873 million fine against the U.S. chip giant for unfair business practices related to patent licensing and modem chip sales. The ruling by the Seoul High Court is a setback for Qualcomm as it battles customers over royalties and antitrust violations around the world, including an ongoing case brought by the U.S. Federal Trade Commission. Judge Noh Tae-ak rejected the company's appeal against the penalty imposed by the Korea Fair Trade Commission (KFTC) in 2016, saying Qualcomm had abused its dominant market position.
Xiaomi Corp and Oppo said they will use Qualcomm's Snapdragon 865 chip in devices they plan to launch in the first quarter of next year. Xiaomi and Oppo, both based in China, were the fourth and fifth biggest smartphone sellers in the world in the third quarter, according to research firm IDC. Qualcomm's other major customers are Apple Inc and Samsung Electronics Co Ltd .