Qualcomm CEO Sees Major Progress in China - News Summed Up

Qualcomm CEO Sees Major Progress in China


China has flipped from being Qualcomm Inc.’s biggest problem to the force driving a new upturn in business for the big mobile chip maker. Steve Mollenkopf, chief executive of the San Diego-based company, on Thursday said Qualcomm is benefiting both from more patent licensing deals in China and a new crop of handset makers in the country that are taking sales from international rivals. Another factor, he said, is that Chinese...


Source: Wall Street Journal July 28, 2016 18:56 UTC



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