Latest Qualcomm Inc News

Court blocks parts of FTC's antitrust win over Qualcomm

Aug. 23, 2019 1:42 PM EDT

SAN FRANCISCO (AP) — A federal appeals court is temporarily protecting Qualcomm from an antitrust ruling that would have forced the mobile chipmaker to drastically change how it licenses key technology for connecting smartphones to the internet. Friday's stay granted by the 9th U.S. Circuit Court of...

Global stocks mostly rise ahead of US Fed release

Aug. 21, 2019 7:59 AM EDT

BEIJING (AP) — Global stock markets were back in positive territory Wednesday as investors looked ahead to a speech by the Federal Reserve chairman for signs of possible plans for more U.S. interest rate cuts. Market benchmarks in London and Frankfurt rose in early trading. On Wall Street, the futures for...

Asian stocks follow Wall Street lower before US Fed release

Aug. 21, 2019 12:18 AM EDT

BEIJING (AP) — Asia stock markets followed Wall Street lower Wednesday as investors looked ahead to a speech by the Federal Reserve chairman for signs of possible plans for more U.S. interest rate cuts. Benchmarks in Tokyo, Shanghai and Australia declined while South Korea advanced. U.S. stocks fell...

AP Explains: US sanctions on Huawei bite, but who gets hurt?

Aug. 20, 2019 3:39 PM EDT

Chinese technology giant Huawei has yet to feel the full force of U.S. sanctions due to temporary exemptions and other uncertainties. Nonetheless, Huawei founder Ren Zhengfei says he expects no permanent relief because of the political climate in Washington. In an interview with The Associated Press, he also...

Asian shares mostly rise after Wall Street rally on Huawei

Aug. 20, 2019 12:06 AM EDT

TOKYO (AP) — Asian shares were mostly higher Tuesday after Wall Street rallied on the U.S. decision to give Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers. That decision appeared to inspire a buying mood among investors eager for any signs of progress in the trade war...

Asian stocks plunge on US-China trade war worries

Aug. 1, 2019 11:23 PM EDT

BEIJING (AP) — Asian stock markets plunged Friday after President Donald Trump's surprise threat of tariff hikes on additional Chinese imports. In early trading, Tokyo's main index tumbled 2.2% and Hong Kong's benchmark lost 2%. Markets in Shanghai, Sydney and Seoul also fell. Trump's announcement of 10%...

Apple buys Intel's smartphone modem division for $1 billion

Jul. 25, 2019 5:56 PM EDT

SAN FRANCISCO (AP) — Apple is paying Intel $1 billion for the chip maker's smartphone modem division in a deal driven by the upcoming transition to the next generation of wireless technology. The agreement announced Thursday comes three months after Apple ended a long-running dispute with one of Intel's...

US stock indexes shake off an early loss and close higher

Jul. 18, 2019 4:32 PM EDT

NEW YORK (AP) — U.S. stocks reversed course from an early slump and closed higher Thursday to break a two-day losing streak after technology and bank stocks rallied. Corporate earnings are in full swing and investors have been cautiously assessing results and company statements. The volatile market is...

EU fines chipmaker Qualcomm for 'predatory pricing'

Jul. 18, 2019 11:29 AM EDT

BRUSSELS (AP) — In yet another European Union move against a U.S. tech company, the bloc's antitrust chief on Thursday fined chipmaker Qualcomm $271 million, accusing it of "predatory pricing" to drive a competitor out of the market. EU Antitrust Commissioner Margrethe Vestager said Qualcomm was abusing...

Asian stocks follow Wall Street lower on trade war fears

Jul. 17, 2019 11:46 PM EDT

BEIJING (AP) — Asian stock markets on Thursday followed Wall Street lower after President Donald Trump reignited trade fears by saying he could impose more tariffs on Chinese imports. Benchmarks in Shanghai, Tokyo, Hong Kong and Sydney all declined. Oil rebounded from the previous day's losses. Trump...