Some three years ago, Qualcomm has been a favorite on the semiconductor market. Its quarterly revenue grew at the fastest pace in the semiconductor industry. But all good things must come to an end. Chinese developers are unwilling to pay Qualcomm royalties , although the developer has paid the full penalty for China in the amount of one billion US dollars.
During the last reporting period, which for Qualcomm's ended September 27, the company raised $ 5.5 billion Revenue and received $ 1.1 billion Net profit. Compared with the same quarter of last year's revenues decreased by 19% and net income by 44%. Compared with the previous quarter. Sequential revenue decline was 7%, while net income for the quarter decreased by 11%. The only thing that might please Qualcomm investors - market analysts had expected worse results.
In numerical terms, the total amount of company chips , which includes both SoC for smartphones and kits for cellular base stations amounted to 203 million. Units for the quarter. During the year the number decreased by 14% during the quarter - 10%. The company notes that the decline in sales affected by Samsung refusal to use SoC Snapdragon 810. With SoC Snapdragon 820, , things are much better and there are already about 60 prototype devices based on this assembly. The company also pointed to the establishment of relations with Samsung.