Ron Burgundy Posted November 4, 2015 Share Posted November 4, 2015 Qualcomm Inc forecast first-quarter profit way below analysts' expectations as the chipmaker struggles against fierce competition from Chinese and Taiwanese rivals, and faces delays in closing new licensing agreements in China. Qualcomm's agreements with two major Chinese customers are taking longer than anticipated, Chief Executive Steve Mollenkopf said on a conference call. President Derek Aberle said some Chinese customers were "improperly withholding" royalties on Qualcomm's patents by changing the way they report sales. View the full article Quote Link to comment Share on other sites More sharing options...
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