Strong Chinese licensing and chipset shipments
Qualcomm is having a great day. Not only has the outfit acquired NXP for $47 billion it also announced that it made $6.2 billion revenue in this quarter – an increase of 13 per cent year-over-year.
Who needs USA?
While everyone is moaning about the downturn of the smartphone industry, Huawei is seeing a 30 percent increase in revenue.
Second consecutive quarter
A drop of 9 million from previous 12 months