Several employees to lose jobs as Qualcomm begins annual cost cuts 

​Qualcomm Inc has begun cutting jobs as part of its promise to investors to cut annual costs by $1 billion, the chipmaker said on Wednesday. “Qualcomm is conducting a reduction of our full-time and temporary workforce,” a company spokesperson who declined to be identifies said, without disclosing the exact numbers of job cuts. Though the… Read More Several employees to lose jobs as Qualcomm begins annual cost cuts 

Qualcomm rejects Broadcom $103billion takeover bid

Mobile chipmaker Qualcomm Inc. on Monday rejected rival Broadcom Ltd’s $103-billion takeover bid, saying the offer undervalued the company and would face regulatory hurdles. Shares of Qualcomm were up 1.8 percent at $65.74 in early afternoon trading, while those of Broadcom were down 0.4 percent at $263.95. Broadcom said it would seek to engage with… Read More Qualcomm rejects Broadcom $103billion takeover bid

Qualcomm files complaint against Apple contract manufacturers

Qualcomm Inc. filed a complaint against Foxconn Technology Group and three other Apple Inc. contract manufacturers for not paying royalties, firing the latest salvo in its fight with the iPhone maker. The other manufacturers listed by Qualcomm were Pegatron Corp., Wistron Corp. and Compal Electronics Inc. Apple sued Qualcomm in January, accusing it of overcharging… Read More Qualcomm files complaint against Apple contract manufacturers

Apple Inc. takes Qualcomm to court in $1billion lawsuit

Apple Inc filed a $1 billion lawsuit against supplier Qualcomm Inc on Friday, days after the U.S. government accused the chip maker of resorting to anticompetitive tactics to maintain a monopoly over key semiconductors in mobile phones. Qualcomm is a major supplier to both Apple and Samsung Electronics Co Ltd for “modem” chips that connect… Read More Apple Inc. takes Qualcomm to court in $1billion lawsuit