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View Full Version : Qualcomm reports better-than-expected quarterly revenue



Wireless News
11-02-2016, 04:50 PM
http://l.yimg.com/bt/api/res/1.2/1s_dUzq8kzBsf4RAJaF0Aw--/YXBwaWQ9eW5ld3NfbGVnbztmaT1maWxsO2g9ODY7cT03NTt3PT EzMA--/http://media.zenfs.com/en_us/News/Reuters/2016-11-02T202651Z_1_LYNXMPECA11G5_RTROPTP_2_QUALCOMM-RESULTS.JPG (http://news.yahoo.com/qualcomms-quarterly-revenue-rises-13-3-percent-202651352--finance.html)(Reuters) - Smartphone chipmaker Qualcomm Inc, which agreed to buy NXP Semiconductors NV for about $38 billion last week, reported a better-than-expected 13.3 percent rise in quarterly revenue, helped by strong demand, particularly in China. The company's shares were marginally higher in after-hours trading on Wednesday. The San Diego-based company, which supplies chips to Android smartphone makers and Apple Inc, reported mobile chip shipments of 211 million for the quarter compared with its own forecast of 195 million-215 million. Analysts on average had expected shipment of 206. ...



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