Latest Qualcomm Inc News

Facing US ban, Huawei emerging as stronger tech competitor

Sep. 17, 2019 6:12 AM EDT

SHENZHEN, China (AP) — Long before President Donald Trump threatened to cut off Huawei's access to U.S. technology, the Chinese telecom equipment maker was pouring money into research that reduces its need for American suppliers. Huawei's founder says instead of crippling the company, the export curbs are...

Apple takes on Netflix with a $5-a-month streaming service

Sep. 11, 2019 1:05 PM EDT

CUPERTINO, Calif. (AP) — Apple is finally taking on Netflix with its own streaming television service and, uncharacteristically for the company, offering it at a bargain price — $5 a month beginning on Nov. 1. Walt Disney Co. is launching its own assault on Netflix the same month, for just $7. It...

Apple rolls out new streaming TV service for $5 a month

Sep. 10, 2019 7:37 PM EDT

CUPERTINO, Calif. (AP) — Apple is finally taking on Netflix with its own streaming television service and, uncharacteristically for the company, offering it at a bargain price — $5 a month beginning on Nov. 1. Walt Disney Co. is launching its own assault on Netflix the same month, for just $7. It...

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...