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US chip giant Qualcomm expects revenue from Chinese phone makers to jump 35% in the current period from the preceding three months with most excess inventory cleared out, said the company on November 2.
US chip giant Qualcomm said it is expected to lay off some employees in its Shanghai R&D center but denied the market rumor that it will have "large-scale layoffs"
US chip giant Qualcomm said its mobile phone chip revenue in the third fiscal quarter ending on June 25 was $5.26 billion, a year-on-year drop of 25% , Chinese news outlet ifeng.com reported.
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