Qualcomm is in trouble
 

Last week’s Qualcomm results confirmed what Wall Street had suspected for a while – Qualcomm is in trouble.


For years Qualcomm has had a licence to print money and had done all the right things at the right time. This put it in a position where almost every smartphone made around the world had Qualcomm somewhere in its insides – especially in Korea and China.
But a string of quarterly financial reports, which indicate a sharp decline in the company’s revenue growth, from 30 per cent three years ago to -14 per cent now.

One of Qualcomm’s biggest problem is MediaTek which has caught up to it and the fact its major customer, Samsung, has begun to use its own chips for new smartphones.

http://fudzilla.com/news/processors/...-is-in-trouble