Qualcomm’s Bet on 5G Pays Off

  • 📰 WSJ
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

The success of Qualcomm's strategy—accelerate spending on 5G while staring down existential threats—has pushed the stock to highs not seen since 2014

Through more than two years of takeover threats and legal strife, Qualcomm Inc. trained its focus on the future promises of 5G. That fixation is paying off so far.

The chip maker’s lead in fifth-generation wireless technology persuaded the Trump administration last year to block a hostile bid by Broadcom Inc. out of national-security concerns. It helped muscle Apple Inc. to the table to settle a patent-royalty dispute on Tuesday and it contributed to Intel Corp.’s decision to discontinue developing rival 5G modem chips for...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Uhhh....not sure the title is right. Settling with $AAPL for undisclosed $$ has pushed it to the highs...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple's blockbuster legal settlement paves the way for a 5G iPhoneApple reached a settlement with Qualcomm on Tuesday, resolving the companies' longstanding legal dispute.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Qualcomm stock surges another 12% after Intel backs out of 5G and Apple settles legal battleQualcomm skyrockets further after ending Tuesday up 23% following two major wins for the chipmaker. Come on, guys.. just tweeting the top news of yesterday? While sending lots of totally marginal tweets in between.. how do you prioritize the information?
Source: CNBC - 🏆 12. / 72 Read more »