Tag Archives: qcom

Qualcomm Seen Getting China Royalties From Exports

Market views on Qualcomm’s (QCOM) royalty-payment dispute with Chinese smartphone makers might be too pessimistic, says BMO Capital Markets. Chinese smartphone makers need to resolve the dispute in order to export products, says Tim Long, a BMO Capital analyst. Qualcomm said last month, in releasing its Q3 earnings, that it’s having trouble collecting royalties from China cellphone makers “China continues to present significant opportunities for

Qualcomm’s China Royalty Payment Dispute An Overhang

Qualcomm’s (QCOM) royalty payment dispute with Chinese smartphone makers likely will be an overhang on the wireless chip designer’s stock for several quarters, Canaccord Genuity said in a report Thursday. In Qualcomm’s Q3 earnings report on July 24, the company lowered its estimates on royalties it expects to collect from China. It said several manufacturers in China are balking at the royalty rate and are underreporting handset sales. The issue

Qualcomm Earnings Outlook, China Issues Hit Stock

Qualcomm (QCOM) stock fell Thursday after the chipmaker issued earnings guidance late Wednesday that fell below expectations and said it is having trouble collecting royalties in China. Qualcomm was down more than 6%, near 76.50, in midday trading in the stock market today. On Tuesday, Qualcomm stock hit 81.87, its highest point since January 2000. Qualcomm late Wednesday said fiscal Q3 revenue rose 9% from the year-earlier quarter to $6.8