Qualcomm has been loudly touting 5G to anyone who would listen for the past few years. Now more than a few have perked up their ears. The chip maker’s fiscal third-quarter report on July 29 excited investors in a way that few others have. The results included the surprise announcement that Qualcomm had finally settled a dispute over patent royalty rates with Huawei Technologies, now the world’s largest seller of smartphones by market share. The dispute first surfaced in mid-2017, around the time that Qualcomm’s pitched legal...
Source: Wall Street Journal August 11, 2020 13:33 UTC