QCOM - QUALCOMM Incorporated

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
+1.24 (+1.50%)
At close: 4:00PM EST
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Previous Close82.58
Bid0.00 x 1000
Ask0.00 x 1000
Day's Range83.42 - 84.25
52 Week Range49.10 - 94.11
Avg. Volume7,893,879
Market Cap94.449B
Beta (3Y Monthly)1.61
PE Ratio (TTM)23.35
EPS (TTM)3.59
Earnings DateFeb 5, 2020
Forward Dividend & Yield2.48 (3.08%)
Ex-Dividend Date2019-12-04
1y Target Est94.49
  • Why Is Qualcomm (QCOM) Down 8.2% Since Last Earnings Report?

    Why Is Qualcomm (QCOM) Down 8.2% Since Last Earnings Report?

    Qualcomm (QCOM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Catalysts, Risks Could Make or Break Qualcomm in 2020

    Catalysts, Risks Could Make or Break Qualcomm in 2020

    Qualcomm (NASDAQ:QCOM) has trended down in recent weeks. Despite hitting its 52-week high in early November, investors are growing skittish again about the company's prospects. While 5G could be a big catalyst going into 2020, regulatory risks remain a huge caveat.Source: Akshdeep Kaur Raked / Shutterstock.com Qualcomm is fighting off an antitrust ruling in the United States. The Federal Trade Commission believes Qualcomm's "no license, no chips" policy is anti-competitive. But Qualcomm is gearing up to fight the ruling early next year.The U.S. isn't the only place Qualcomm is facing regulatory hurdles. South Korea fined Qualcomm $873 million due to similar alleged anti-competitive practices. A South Korean court upheld the fine, but the company plans to fight the ruling. Qualcomm has a lot to lose in these battles. Its main business may be manufacturing mobile chips. But charging cell phone manufacturers royalties is its true profit center.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis combination of opportunity (5G) and risk (regulatory threats to licensing cash cow) makes Qualcomm a stock tough to analyze. But based on the current valuation, there may be plenty of room for downside. Qualcomm Could Win (or Lose) Big in 2020All bets are off whether Qualcomm "wins big" or "loses big" in 2020. Next year could be crowned the "year of 5G." Apple (NASDAQ:AAPL) and other phone makers plan to launch 5G-enabled smartphones. 5G smartphones are expected account for 51% of total sales by 2023. 5G also opens the door for markets outside of mobile. The rise of internet of things devices provides ample growth opportunity. * 7 Hot Stocks for 2020's Big Trends Will this translate into explosive growth for Qualcomm? The jury's still out. After winning its dispute with Apple, the iPhone maker agreed to resume using Qualcomm modems. But Apple's long-term plan is to build modems in-house.Then there's the China factor. Even if the U.S. "wins" the trade war, Qualcomm could still lose. Thanks to the U.S. export ban, Huawei has reduced its dependence on U.S. chip makers like Qualcomm. Huawei now largely uses modems made in-house. Qualcomm sells mobile chips to some of Huawei's competitors. But given their declining market share, Qualcomm is losing ground in this important mobile market.The tide may be turning for Qualcomm's mobile chip dominance. Add in the ongoing regulatory hurdles, and there's good reason to be cautious about the stock. Qualcomms's FTC AppealWhat are the odds Qualcomm prevails in its appeal? Predicting the outcome of litigation is tough prognostication. Especially if you fall in the "I am not a lawyer" category. But recent news may point to challenges in Qualcomm's case.In a brief filed with the Ninth Circuit Court of Appeals, Intel (NASDAQ:INTC) claims Qualcomm's actions drove it out of the smartphone chip business. Intel says this is why it sold the business to Apple at a "multi-billion dollar loss." This brief provides plenty of ammo for the FTC's case.But other federal agencies could sway the outcome. The Department of Defense and Department of Energy are both on Qualcomm's side. As a "trusted supplier" of 5G technology, both agencies are urging for the court of appeals to pause enforcement of the decision.As I've said previously, the ball's in the (Ninth Circuit) court. It's tough to say whether it will back the FTC or not. But the outcome of this decision has big ramifications for Qualcomm. If the company prevails, expect the stock price to shoot up. Without this ruling hanging over the company, investors will regain their confidence in QTL's future prospects.With 5G opportunities and regulatory risks, it makes sense why Qualcomm trades at its current valuation. Qualcomm's forward price-to-earnings ratio is 28.1. This exceeds Intel's forward P/E of 12.9. But high-flying chip makers like Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) trade at much higher multiples.NVDA trades for 48.6 times forward earnings. AMD trades at a staggering 94.4 times forward earnings. I don't expect Qualcomm to ever reach such frothy levels. But with its 5G potential, Qualcomm could benefit from multiple expansion -- if it can shake off the FTC's attempts to curtail its business. Bottom Line: Qualcomm Is Fairly ValuedAssessing the opportunities and risks for Qualcomm, it's safe to stay shares are fairly valued. Qualcomm's premium to Intel stock is fair, given the company's 5G growth opportunities. But the large discount to high-flying chip names like Nvidia and AMD is also rational. While the jury's out whether Nvidia and AMD will deliver on their growth promises, at least both companies aren't facing potentially crippling regulatory rulings.Qualcomm could soar again if the Ninth Circuit Court rules in its favor. But this is not the end all, be all for Qualcomm. With big phone makers like Apple and Huawei going in-house for modem production, Qualcomm's salad days may already be over.As of this writing, Thomas Niel did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Hot Stocks for 2020's Big Trends * 7 Lumbering Large-Cap Stocks to Avoid * 5 ETFs for Oodles of Monthly Dividends The post Catalysts, Risks Could Make or Break Qualcomm in 2020 appeared first on InvestorPlace.

  • Why the Strong Gains in Qualcomm Stock Will Accelerate in 2020

    Why the Strong Gains in Qualcomm Stock Will Accelerate in 2020

    Ever since it topped $94 exactly one month ago, Qualcomm (NASDAQ:QCOM) stock gave way to selling pressure. For investors with a long-term time horizon, buying the stock on any dip makes sense. The chip giant has significant growth prospects ahead in 5G. And the earnings from licensing are clearly strong, too.Source: Xixi Fu / Shutterstock.com So what other reasons do investors have for holding QCOM stock? 5G ProspectsQualcomm reported strong Q4 results, with non-GAAP earnings of 78 cents a share. It reported earnings above the high end of its guidance range due to strong licensing performance. Plus, investments in 5G over the last few years are now paying off. As QCOM notes in its latest Q4 earnings report call, 5G is significantly more complex than 4G; it has "new and dense network architectures, high performance basebands, advanced RF front end designs, increased processing requirements," among other standout qualities.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn FY 2020, Qualcomm stock should outperform the semiconductor sector as it hones in on its key priorities. First, it will keep executing on 5G with its global partners. In fact, according to Qualcomm, "[t]he number of OEMs and operators launching 5G products and services continues to increase throughout the year." This progress should continue throughout the next year. In Q4/2019, Qualcomm had "over 40 OEMs and over 30 operators launching or announcing 5G products." It effectively doubled its OEM and operator costs since the beginning of the year. * 7 Hot Stocks for 2020's Big Trends In China, management said on the conference call that all three mobile operators launched 5G services. 5G base stations will total 130,000 by the end of the year but will balloon to around 1 million deployments by the end of 2020. This is huge. At 1 million, that is 10 times the scale of the entire network of a large U.S. operator. Huawei Dispute Not Yet ResolvedQualcomm's QTL (Qualcomm Technology Licensing) revenue will in the range of $1.3 billion to $1.5 billion. And Qualcomm "expect[s] revenues to be in the range of $4.4 billion to $5.2 billion." This strong outlook comes despite the fact that the company "does not include any royalty revenues from Huawei", and it is still "[pursuing] a negotiated resolution of the licensing dispute." So, any agreement with Huawei could send QCOM stock back to yearly highs.Qualcomm did not report any developments in the negotiations, so it is too early to predict any deal will happen anytime soon. Outlook in 5GQualcomm's forecasts for 5G phone sales doubling in 2021 is another reminder of why investors should consider the stock. With 450 million 5G shipments in 2021 and 750 million in 2022, its IP licensing business will fare well. It has over 75 agreements in place since starting its 5G licensing program. Its revenue forecast probably reflects its bullish outlook on 5G shipments. So, chances are also good that QCOM stock already prices in 5G phone sales.The conservative investor may forecast revenue growing 6% CAGR. With an EBITDA margin of 31 in a 5-year DCF revenue exit model (per finbox.io), QCOM stock is worth ~$94. This fair value is consistent with the analyst price target as reported on tipranks.com. Based on 17 analysts offering a one-year price target on Qualcomm stock, the average price target is ~$97. Other ConsiderationsQualcomm stock is benefiting from a strong Qorvo (NASDAQ:QRVO) earnings report and a lack of litigation worries. But if its unfavorable pricing practices come to the forefront again, its stock could pull back again. Still, the stock pays a decent dividend that yields around 3%. And its forward price-to-earnings ratio is modest at around 14X. Buying the stock on any weakness should pay off in the long-run as the 5G rollout continues in 2020.As of this writing, Chris Lau did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Hot Stocks for 2020's Big Trends * 7 Lumbering Large-Cap Stocks to Avoid * 5 ETFs for Oodles of Monthly Dividends The post Why the Strong Gains in Qualcomm Stock Will Accelerate in 2020 appeared first on InvestorPlace.

  • Those Cool New Nokia Phones Aren’t Made by Nokia

    Those Cool New Nokia Phones Aren’t Made by Nokia

    Nostalgia is a powerful force when it comes to consumer trends. You need look no further than the resurgence of turntables and vinyl records at a time when everyone is streaming music on a monthly subscription plan to see this effect. Record sales are seeing double digit growth while CDs and digital download purchases slump.Source: RistoH / Shutterstock.com That same nostalgia is at play in the mobile phone industry. Motorola has resurrected the iconic Razr flip phone as a premium smartphone with a folding OLED display. BlackBerry still offers a handful of smartphones with physical keyboards through a licensing agreement with China's TCL. However, the most successful nostalgic mobile phone reboot belongs to Nokia (NYSE:NOK). * 7 Hot Stocks for 2020's Big Trends Under a 10-year licensing agreement signed in 2016 with HMD Global, the Nokia brand returned to mobile phones after a disastrous deal with Microsoft. Manufacturing is handled by a Foxconn spinoff called FIH Mobile. The partnership quickly bore fruit and the first of the new Nokia Android smartphones launched at Mobile World Congress in 2017. Also released were new versions of the company's iconic and hugely popular feature phones.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Reception to New Nokia PhonesBreaking into the smartphone business is difficult. The players are established, and trying to convince consumers to take a chance on a newcomer instead of buying one of those "it" phones from Apple (NASDAQ:AAPL) or Samsung is tough. Amazon (NASDAQ:AMZN) took a stab at it in 2014 with the Fire Phone and quickly gave up. Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) Google has been trying hard with its Pixel smartphones, but after four generations and class-leading camera technology, the Google Pixel has failed to crack the market in a meaningful way.Nokia's new smartphones including the Nokia 6 were eagerly anticipated. By promising a combination of quality, the latest version of Android, and budget-friendly pricing, the new smartphones also appealed to international markets. With a Full HD display, Qualcomm (NASDAQ:QCOM) Snapdragon 430 processor and a 16MP camera, the $229.99 Nokia 6 was sold through Best Buy in the U.S., and then released globally. The company also released updates of the classic Nokia 105, 130 and 3310 feature phones.In 2017, it was estimated that 8.7 million Nokia smartphones were sold globally, along with an impressive 59.2 million feature phones. In comparison, roughly 1 million TCL Blackberry smartphones were sold that year.By Q2 2019, HMD (Nokia) was in the top 10 list of global smartphone vendors -- despite an overall 1.2% decline in smartphone sales -- with 4.8 million units shipped that quarter. Cashing in on NostalgiaOn the smartphone front, HMD is depending on the Nokia brand, combined with quality design and affordable pricing. But it's on the feature phone front where the company is really cashing in on consumer nostalgia. The updated Nokia 3310 was infamous for a battery that lasted forever and its virtual indestructibility. Last year, it was a reboot of the 8110 slider "banana phone" made famous by its appearance in The Matrix.A few months ago, the $99 Nokia 2720 flip phone was launched. It's updated with a 2.8-inch color display (plus a 1.3-inch external display for notifications), 27-day battery standby, and support for apps like Twitter (NYSE:TWTR), Facebook (NASDAQ:FB), and Google Maps.Also released in September was the Nokia 9 PureView, its most powerful Android smartphone yet, and one that leverages the company's famed camera capabilities. The new flagship smartphone (which goes for $449.99), features a 60MP and five camera PureView system with ZEISS optics. Does Nokia Actually Make Any Money From Phone Sales?The full financial terms of the licensing deal with HMD Global weren't revealed. However, InvestorPlace's Will Ashworth has been told that Nokia makes between $11 and $23 per smartphone in patent and licensing fees. Several years into the deal with HMD Global, whether the Nokia mobile phone revival will ultimately be a success is still up in the air. Either way, Nokia gets brand recognition from those cool retakes on its classic phones, while finally getting its foot in the door with Android smartphones. And it does so without risking its own money, instead making a small profit off each device sold.As of this writing, Brad Moon did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Hot Stocks for 2020's Big Trends * 7 Lumbering Large-Cap Stocks to Avoid * 5 ETFs for Oodles of Monthly Dividends The post Those Cool New Nokia Phones Arena€™t Made by Nokia appeared first on InvestorPlace.

  • Renewed Trade Talks Boost Tech Stocks: 5 Solid Buys

    Renewed Trade Talks Boost Tech Stocks: 5 Solid Buys

    Trump says, U.S.-China trade talks are "moving right along." In case a trade deal comes through, these five tech stocks would be must buys.

  • 3 Big Stock Charts for Friday: Advance Auto Parts, iQiyi, and Crown Castle International

    3 Big Stock Charts for Friday: Advance Auto Parts, iQiyi, and Crown Castle International

    U.S. stocks seem to have returned to normal. A two-and-a-half session sell-off has been followed by a rally of equal length. While broad market indices remain modestly off their highs, it does seem like stability, at least, has returned heading into 2020.Source: Shutterstock In that context, the question at the moment is whether there's enough time, and enough optimism, for one more leg higher before year-end. And that question is of particular importance when looking at Friday's big stock charts. * 7 Hot Stocks for 2020's Big Trends All three stocks have missed out on at least part of this year's rally. And all three big stock charts show at least the potential for a breakout in the near-term. It will take some outside help, however -- with stronger broad market sentiment the simplest source at the moment.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Advance Auto Parts (AAP)Source: Provided by Finviz So far, 2019 has not been kind to Advance Auto Parts (NYSE:AAP). AAP stock actually has declined a bit over 3% this year, making it one of just 81 stocks in the S&P 500 in the red for 2019. The first of Friday's big stock charts suggests the news could get worse -- but there's hope for a reversal: * The exit from an ascending triangle pattern last week generally is a bearish move, and indeed AAP stock saw a small gap down on Tuesday. It seems likely that $154, which formerly acted as support, is reversing to resistance. That, too, suggests a negative outlook. * That said, AAP has found its footing in the past two sessions, with modest declines on heavy buying. There are buyers willing to step in at the moment. And if AAP can find a way to grind higher, there is some reason for bullishness. $154 could again act as support. Moving averages will come in. * Click to Enlarge Source: Provided by Finviz From a broad perspective, this simply is a stock still looking for direction. That's true looking at 2019 trading and going back to early 2016. With some bullishness toward the sector and/or broad markets, the stock's direction could reverse. * The concerns might be both valuation and the lack of a catalyst. AutoZone (NYSE:AZO) reports earnings next week, and good news could read across to both AAP stock and rival O'Reilly Automotive (NASDAQ:ORLY). But AZO stock has a similar valuation to AAP, and Advance Auto Parts earnings last month disappointed. Good news from AutoZone might lead investors to buy AZO moreso than AAP. So while there's potential for an upside reversion in Advance Auto Parts stock, this may be a 2020 story without a significant year-end market-wide rally. iQiyi (IQ)Source: Provided by Finviz The setup is there for Chinese streaming video play iQiyi (NASDAQ:IQ). If IQ stock can rally, the second of our big stock charts shows a path toward a breakout: * There's clear resistance from a near-term standpoint. IQ stock twice has stalled out at $20 in recent months. The broader trend is still modestly negative. And the 200-day moving average sits right at current levels. But if IQ stock can move above $20, the trend will look positive. The stock would make a bullish exit from a narrowing wedge. It would have cleared all three moving averages, and broken out the downtrend that has held since May. * All that said, a reversal is possible as well, given the multiple trendlines creating resistance. A reversal likely would move the stock back toward support around $17. * As I wrote this week, the swing factor might be the broader market. As I noted in October, IQ stock has somewhat missed out in the rally in Chinese stocks due to a reticence by U.S. investors to pay up for unprofitable companies. Shares still have lagged the likes of JD.com (NASDAQ:JD) and Alibaba (NYSE:BABA), both of which have reached 52-week highs in recent weeks. Investors are willing to take on China risk. If they're back to taking on growth stock risk as well, a breakout looms for iQiyi stock. Crown Castle International (CCI)Source: Provided by Finviz Celullar tower real estate investment trust Crown Castle International (NYSE:CCI) has struggled since reaching an all-time high in September. But CCI stock has righted itself over the last month, and the last of Friday's big stock charts shows hope for a rebound: * CCI stock is in the middle of a downtrend at the moment -- but it's also in the middle of a narrowing wedge. A move through the 50-day moving average would challenge a key pivot point at $138, and set shares up for a bullish exit. The trend certainly isn't confirmed yet, but a continued near-term rally could set up a breakout that would re-test September highs. * Meanwhile, valuation is reasonable. The stock trades at 22.7x the midpoint of 2019 guidance for adjusted funds for operations per share. Looking to 2020, the multiple drops closer to 21x. A 3.56% dividend yield adds to the case, particularly in a low interest rate environment and with the payout hiked 7% in October. * Click to Enlarge Source: Provided by Finviz It may be the sector, and 5G stocks more broadly, that define the near-term direction of CCI stock. Perhaps surprisingly, 5G plays have struggled of late. Qualcomm (NASDAQ:QCOM) has reversed since earnings. Nokia (NYSE:NOK) plunged after its Q3 report. And rival American Tower (NYSE:AMT) has a similar chart (and perhaps stronger hopes for a breakout from a descending triangle), though a higher valuation and lower yield. If bullishness toward 5G returns, the chart sets CCI up to be a prime beneficiary.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Hot Stocks for 2020's Big Trends * 7 Lumbering Large-Cap Stocks to Avoid * 5 ETFs for Oodles of Monthly Dividends The post 3 Big Stock Charts for Friday: Advance Auto Parts, iQiyi, and Crown Castle International appeared first on InvestorPlace.

  • Video-Conference App Zoom Is a Rare Winner in Hong Kong Protests

    Video-Conference App Zoom Is a Rare Winner in Hong Kong Protests

    (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 yzhong71@bloomberg.net;Lulu Yilun Chen in Hong Kong at ychen447@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Vlad SavovFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Qualcomm (QCOM) Outpaces Stock Market Gains: What You Should Know

    Qualcomm (QCOM) Outpaces Stock Market Gains: What You Should Know

    Qualcomm (QCOM) closed at $82.59 in the latest trading session, marking a +0.62% move from the prior day.

  • Niantic is working with Qualcomm on augmented reality glasses

    Niantic is working with Qualcomm on augmented reality glasses

    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.

  • TheStreet.com

    Qualcomm's Latest Snapdragon Chip Announcements: 4 Takeaways

    The mobile chip giant just unveiled a new flagship mobile processor, along with several other products.

  • Bloomberg

    Qualcomm Broadens Challenge to Intel in Laptops with New Chips

    (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 ianking@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Molly Schuetz, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • The biggest deals and attempted deals of the 2010s 
    Yahoo Finance

    The biggest deals and attempted deals of the 2010s 

    As 2019 ends with major deals, Yahoo Finance looks back at the decade on the mergers and acquisitions in Corprorate America.

  • ETF Trends

    Getting Paid to Embrace Old School Tech Stocks

    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.

  • Vodafone to Introduce AWS Wavelength for 5G Cloud Computing

    Vodafone to Introduce AWS Wavelength for 5G Cloud Computing

    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.

  • Investopedia

    The New Tech Bubble Born out of the Bull Run

    Mega cap tech stocks have fueled the S&P 500 in 2019, and some observers see troubling parallels with the tech bubble of 2000.

  • GoPro Registers Record HERO8 Black Camera Sales This Holiday

    GoPro Registers Record HERO8 Black Camera Sales This Holiday

    GoPro (GPRO) witnesses record level of HERO8 Black camera sales during the Black Friday or Cyber Monday period.

  • AT&T's CFO Discusses 2020-2022 Targets With Stockholders

    AT&T's CFO Discusses 2020-2022 Targets With Stockholders

    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.

  • The Zacks Analyst Blog Highlights: Synaptics, CACI International, Qualcomm and NVIDIA

    The Zacks Analyst Blog Highlights: Synaptics, CACI International, Qualcomm and NVIDIA

    The Zacks Analyst Blog Highlights: Synaptics, CACI International, Qualcomm and NVIDIA

  • Financial Times

    Taiwan’s brain drain: semiconductor engineers head to China

    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

    Stocks - Campbell Soup Falls Premarket; Boeing, Peloton Rise

    Investing.com - Stocks in focus in premarket trading on Wednesday:

  • Investing.com

    Stocks - Futures Rise on U.S. Reports Talking up Trade Deal

    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.

  • Reuters

    UPDATE 3-Qualcomm to appeal record South Korean anti-trust fine

    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.

  • Huawei sues the FCC over subsidy ban
    Yahoo Finance Video

    Huawei sues the FCC over subsidy ban

    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.

  • Qualcomm Loses Antitrust Case in South Korea

    Qualcomm Loses Antitrust Case in South Korea

    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: "