Apple’s Slow Breakup With Qualcomm Still Hurts — China Android Is Rebounding, But Handset Revenue Is Set to Slip as QCOM Raises Prices
Qualcomm Inc (NASDAQ: QCOM) said its China Android business hit bottom in the June quarter and has grown sequentially since, but the chipmaker is raising prices, still losing Apple revenue, and facing skepticism over its handset outlook.
Qualcomm is charging more for chips while losing Apple as a customer. This means the company needs to sell more chips to other phone makers to stay healthy.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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