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Qualcomm results fall in line with outlook, reaches interim licensing deal with Huawei
2019-01-31 08:55:00| Telecompaper Headlines
(Telecompaper) Qualcomm reported revenues for its fiscal first quarter to December down 20 percent from a year earlier to USD 4.8 billion, in line with its outlook. The company said it reached an interim agreement in its licensing dispute with Huawei to receive partial payment of royalties, but was still not receiving any revenue from Apple. Revenues are forecast to fall again in the March quarter, by up to 16 percent.
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Category:Telecommunications
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