Technology company Qualcomm Incorporated has announced results for the fourth quarter of its financial year, along with full-year results.
Quarterly revenue was up 18% year-on-year to $4.87 billion, while net income was up 20% year-on-year to $1.27 billion. For the full financial year, revenue was $19.12 billion (up 28%) and net income was $6.11 billion (up 43%).
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Project RAY, which designs accessibility tools for blind and visually-impaired people, has announced a new mobile interface that’s designed to be used without sight.
It’s been designed in partnership with the Qualcomm Wireless Reach initiative and uses a standard Android smartphone powered by Qualcomm’s Snapdragon processor.
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22 tech companies form the In-Location Alliance
A number of technology companies have launched an industry alliance that’s aimed at driving the innovation and adoption of indoor positioning services.
The new partnership is called the In-Location Alliance and it’s being supported by 22 companies.
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A report from Strategy Analytics shows that Qualcomm continues to lead the market for application processors used in smartphone manufacturing, although its market share has fallen. Not only did Qualcomm lead Q1 2012 in terms of unit shipments, it also took 44% of revenue share.
Overall, the global smartphone application processor market showed 55% year-on-year growth in the first quarter of 2012, reaching $2.47 billion.
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Wireless technology company Qualcomm Incorporated has announced financial results for the third quarter of its current financial year. The figures, which cover the three months until 24th June 2012, show revenue and profit up year-on-year but down from the previous quarter.
Sales of devices with Qualcomm chips were slower than expected, although they’re expected to pick up towards Christmas.
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