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December 14, 2012
11:37 EDTQCOMQualcomm weakness a buying opportunity, says JPMorgan
JPMorgan said Qualcomm's demand is so high for chipsets that it will have a shortfall of at least 11.5M units that will roll into the March quarter. The firm expects Qualcomm guidance to be strong and for a potential margin uplift. Shares are Overweight rated.
News For QCOM From The Last 14 Days
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October 9, 2015
17:18 EDTQCOMNVIDIA to ask for full commission review in Samsung patent case
NVIDIA said in a blog post: "We said we would keep you informed of new developments in our cases with Samsung. In the latest step of our efforts to protect NVIDIA's intellectual property, an administrative law judge at the U.S. International Trade Commission ruled today that Samsung (SSNLF) and Qualcomm (QCOM ) did not violate U.S. law with respect to importing certain Samsung products into the U.S. Judge Thomas Pender issued an initial determination that Samsung and Qualcomm didn't infringe two NVIDIA patents, and that both did infringe a third patent but that this patent wasn't valid. This initial determination is one more step in a long legal process. We now intend to ask the full commission to review this initial determination and to confirm the previous judgment of the U.S. Patent Office - that the third patent is valid. If they agree, the ITC would issue an order that would preclude Samsung from importing into the U.S. infringing Samsung mobile devices and smart TVs. We are continuing this case by proceeding to the next step in the process because we believe our patents are valid and have been infringed." Reference Link
13:43 EDTQCOMU.S. trade judge says Samsung products do not violate NVIDIA patent rights
Administrative Law Judge Thomas Pender issued an initial determination on violation in a patent fight brought by NVIDIA (NVDA) against Samsung (SSNLF) and Qualcomm (QCOM). Pender's initial determination is that there is no violation of Section 337 of the Tariff Act of 1930, as amended, in the importation into the U.S., the sale for importation, or the sale within the U.S. after importation of certain consumer electronics and display devices with graphics processing and graphics processing units that NVIDIA claims are infringing upon its patent rights. The judge stated that the accused products with Adreno, PowerVR, or Mali GPUs do not infringe claim 14 of U.S. Patent No. 7,209,140 and that claim 14 of the '174 patent is invalid as obvious. Some of the accused products infringe claim 23 of U.S. patent 6,690,372, but claims 23 and 24 of the '372 patent are invalid as anticipated, the judge said. The accused products with Adreno or Mali GPUs do not infringe claims 1 or 15 of U.S. Patent No. 7,038,685, the judge also determined. The judge's findings are subject to review by the commission, which can block imports of products that it finds infringe U.S. patents.
13:30 EDTQCOMNVIDIA loses 1st round of patent fight with Qualcomm, Samsung, Bloomberg says
October 8, 2015
15:36 EDTQCOMQualcomm, Mellanox collaborate to enable cost-effective data center platforms
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15:35 EDTQCOMQualcomm, Xilinx to collaborate on heterogeneous computing solutions
Qualcomm (QCOM) through its subsidiary, Qualcomm Technologies, and Xilinx (XLNX) announced a strategic technical collaboration to deliver heterogeneous computing solutions with new levels of efficiency and performance through FPGA-enabled dynamic workload acceleration on Qualcomm Technologies' server platforms. The strategic collaboration is designed to span multiple product generations, ranging from card level to highly-integrated solutions. Target applications include compute acceleration, big data analytics, machine learning, storage and CloudRAN, the companies said.
13:39 EDTQCOMAmazon Web Services announces AWS IoT
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October 7, 2015
06:28 EDTQCOMIC designers: Tablet demand remains weak, DigiTimes reports
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October 6, 2015
07:17 EDTQCOMStrategic News Service to hold a conference
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October 5, 2015
08:07 EDTQCOMParkerVision petition for panel rehearing denied
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October 2, 2015
09:34 EDTQCOMParkerVision denied bid for rehearing in patent loss to Qualcomm, Bloomberg says
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October 1, 2015
12:44 EDTQCOMApple chip suppliers fall after report iPhone maker may lower chip orders
Shares of chip makers for Apple's (AAPL) iPhone are sliding after a DigiTimes article said the iPhone maker may curtail its chip orders for the fourth quarter. WHAT'S NEW: According to the DigiTimes report, Apple may be adjusting its chip orders lower for Q4. Sources said that a substantial integrated circuit supplier is saying that Apple has "slightly lowered lowered its demand for supplies for the new iPhones for December," the report said. The sources said that overall shipments of the iPhone 6s series are expected to reach 75M-80M units in the third quarter and 65M-70M units in Q4. WHAT'S NOTABLE: On September 28, Apple announced it has sold more than 13M new iPhone 6s and iPhone 6s Plus models just three days after launch, a new record for the company. According to an iFixit report from September 25, a teardown of the new iPhone 6S Plus revealed components supplied by Qualcomm (QCOM), Skyworks (SWKS), Qorvo (QRVO), Avago (AVGO), NXP Semiconductors (NXPI), Cirrus Logic (CRUS) and Texas Instruments (TXN), among others. Other chip makers that have been mentioned as possible Apple suppliers in the past include Analog Devices (ADI), Maxim Integrated Products. (MXIM) and ON Semiconductor (ON). PRICE ACTION: In midday trading shares of the aforementioned chip makers are all lower with Qorvo, Avago, NXP and Analog Devices down approximately 4% to 5%. Apple is down about 1.4%.
September 27, 2015
16:24 EDTQCOMQualcomm commits to invest $150M in Indian startups
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September 25, 2015
13:36 EDTQCOMQualcomm volatility low as shares trend lower
Qualcomm (QCOM) current 30-day call option implied volatility is at 26, compared to a one-month ago level of 38, suggesting decreasing price movement for the chipmaker that appear poised to obtain more revenue from Apple's (AAPL) iPhone 6S devices.
11:25 EDTQCOMCirrus leads iPhone suppliers higher as analysts dissect 6S
Cirrus Logic (CRUS), Skyworks (SWKS) and Qorvo (QRVO) are among the chipmakers that appear poised to obtain more revenue from Apple's (AAPL) iPhone 6S devices than from the previous generation of the market-leading smartphone. Research firms issued notes today based on their analysis of "teardowns" of the new phones after they went on sale for the first time, beginning in Australia. TEARDOWNS: Apple's common practice when rolling out its newest iPhone models is for Australia to be its first launch market. The unboxing of iPhones when they become available for sale for the first time anywhere in the world is a much anticipated event among the tech giant's fans, as well as by Apple-focused blogs and Wall Street analysts who follow the company. Websites like iFixit have become well known for their "teardowns" of the devices, where they purchase, take apart and analyze the way in which the device is made and how it differs from previous models. These teardowns are closely watched by analysts and can sometimes be catalysts for the stocks of iPhone component suppliers. CIRRUS: Barclays analyst Blayne Curtis says teardowns of Apple's iPhone 6S indicate Cirrus Logic secured both a smart codec and boosted amp win in the new phone. The company's content in each phone is likely towards the upper end of his $3.50-$4.00 estimate, Curtis tells investors, noting that he views this as better than expected. Curtis thinks the 6S content, coupled with the "several new growth drivers" Cirrus outlined at yesterday's technology day, could reverse the negative sentiment on the stock. He keeps an Overweight rating on the name with a $39 price target. OTHER WINNERS AND LOSERS: Skyworks and Qorvo saw their content rise 22% and 25% respectively, Curtis estimated. NXP Semiconductors (NXPI) is continuing to supply the NFC and Secure Element chips for the 6S devices, but is no longer providing the sensor hub, the analyst reported. The company will lose about 50c per iPhone as a result of this development, but it did know that it would no longer be providing the hub before it provided its guidance in July, according to Curtis. STMicroelectronics (STM) is no longer providing the secure MCU for the iPhone 6S, Curtis added. WHAT'S NOTABLE: Other companies that are supplying iPhone 6S components include Qualcomm (QCOM), Texas Instruments (TXN), and Avago (AVGO), iFixit reported. After conducting checks, Craig-Hallum analyst Anthony Stoss estimated that Skyworks will obtain about $6.50 of revenue per iPhone, up from about $5.50 previously, while Qorvo's revenue per device will rise to $6.25 from $5.75 and Avago will see its revenue per device increase to about $6.75 from about $6.50, Stoss believes. The firm kept Buy ratings on Skyworks, Avago, and Qorvo. PRICE ACTION: In morning trading, Cirrus shares jumped $4.36, or 16%, to $31.49, Skyworks added about 3% and Qorvo rose 4%. Meanwhile, NXP gained about 2% and STMicroelectronics advanced 2.5%.
09:48 EDTQCOMApple iPhone 6S Plus teardown reveals chip suppliers, iFixit reports
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