Qualcomm and Duracell have signed a non-binding Letter of Intent to explore the possibility of working together. Their aim is to develop an industry alliance for wireless power solutions in the consumer electronics industry. Qualcomm has also signed a similar non-binding LOI with charging mat company Powermat.
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Qualcomm has reached an agreement to acquire Atheros Communications, a wireless technology company that produces WiFi and Bluetooth products.
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Over in the United States, AT&T has agreed to purchase spectrum licenses in the ‘lower 700 MHz’ frequency band from Qualcomm for $1.925 billion. The spectrum, currently used by Qualcomm for its FLO TV service in the USA, will form part of AT&T’s 4G mobile broadband service.
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Qualcomm has announced quarterly results for the period ending 26th September 2010; the fourth quarter of its financial year.
Quarterly revenue was up 10% year-on-year (and up 9% on the previous quarter) to $2.95 billion.
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