Qualcomm shares underappreciated, says Nomura Nomura said Qualcomm shares are undervalued and unappreciated and that the market is underestimating increased 3G penetration rates in emerging markets outside of China. The firm expects the TD-LTE device ramp to drive royalties and reiterates its Buy rating and $85 price target.
TSMC to provide chips for LG's 'Nuclun' smartphone microprocessor, WSJ says According to a source, Taiwan Semiconductor (TSM) will provide chips for microprocessors to power "Nuclun," a variation of LG's G3 smartphone, the Wall Street Journal reports. So far, LG Electronics has mostly relied on Qualcomm (QCOM) for the chips that run its smartphones. Reference Link