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