To last through March 2027 is a big day for QTL
Qualcomm has announced its Q1 fiscal 2024 results and is back to growth. The restructuring is working out, as the company announced $9.92 billion in revenues and $2.77 billion in net income, exceeding the high end of the company's guidance. A significant announcement of a great quarter result is that Apple will use Qualcomm's 5G licensing at least until the end of Q1 2027.
Modems are hard
Even though Apple acquired Intel's modem business unit, the company failed to materialize its in-house 5G modem that works in the worldwide market. Shortly before the iPhone's announcement, it was announced that Apple still sticks with the Qualcomm modems.
Makes 5G sing
Qualcomm has just unveiled the Snapdragon X70 modem which promises to deliver an even better 5G experience for the next generation of smartphones and tablets.
Qualcomm remains committed to helping Europe
A week ago, Alex Rogers, executive vice president and president of Qualcomm Technology Licensing (QTL), was one of the keynote speakers at the Beyond the Mobile Phone virtual conference.
Huge win as Ninth Circuit reverses district court decision
In May 2019, the now prominent Judge Lucy H. Koh ruled that Qualcomm's business practices that she called no license-no chip had strangled the competition. Now a higher court called the Ninth Circuit has reversed Koh's district court decision.
Up to 7.5 Gbps download, 3 Gbps upload
Qualcomm tends to introduce its latest modems just shortly before the Mobile World Congress time, and the company just launched its third generation 5G modem simply called X60.
For the next generation of PC experiences
Both Intel and Mediatek have announced that they are partnering on the development, certification, and support of 5G modem solutions.
Qualcomm’s President Cristiano Amon has announced that way beyong its Snapdragon 800 series with 5G support, Qualcomm will announce Snapdragon 7 and 6 generations with 5G support in 2020.
Something else we warned would happen
The fruity cargo cult Apple is predictably in talks to buy Intel's modem business after causing that arm of Intel to crash earlier this year.
Apple and Intel now need Qualcomm
The last few weeks were very active for Qualcomm, Apple, and Intel and the first two have finally settled their licensing differences. Intel decided to leave the 5G smartphone business due to the delays and business-related decisions, but FTC judge Koh is still expected to reach a verdict on the Qualcomm-FTC case.