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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 408.23+2.3%Dec 22 4:00 PM EST

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To: Maurice Winn who wrote (110230)2/9/2015 11:01:35 PM
From: Snowshoe  Read Replies (1) of 218685
 
QCOM accepts decision...

Qualcomm Fined $975 Million in China, Sets Licensing Rates
bloomberg.com

The accord puts to rest an investigation that lasted more than a year and hurt Qualcomm’s ability to collect licensing revenue in China, where some handset makers have delayed royalty payments or paid less than they owe. Qualcomm, whose chips run most of the world’s phones that can access the Internet, gets the majority of its profit from patent-licensing fees related to its ownership of technology fundamental to cellular-phone systems.

“It’s a net positive when it’s all shook out,” said Mike Walkley, an analyst at Canaccord Genuity, who recommends buying Qualcomm stock. “It makes more sense if China wants to protect the Chinese consumer.”
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