Mobile technology company Qualcomm Incorporated is planning to change its corporate structure. It says the reasons include improving its product delivery and protecting its patent portfolio from any claims that involve other parts of the company.
After the restructure there’ll be a new wholly-owned subsidiary called Qualcomm Technologies Inc (QTI). This business will handle Qualcomm’s research and development activities along with its product and services businesses, including the QCT semiconductor business.
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Wireless technology business Qualcomm Incorporated has announced results for the second quarter of its current financial year.
Revenue was up 28% year-on-year to $4.94 billion, while net income was up 123% year-on-year to $2.23 billion.
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Telefónica Digital and Mozilla have revealed plans to create a new mobile platform. It’s called the Open Web Device platform and will use HTML5 standards to deliver a smartphone-like device without premium pricing.
A Qualcomm chipset is currently being used for hardware development.
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ZTE Corporation says it’ll launch the Mimosa X Android smartphone at Mobile World Congress next week.
It’ll be the first device powered by both the NVIDIA Tegra 2 mobile processor and the NVIDIA Icera HSPA+ modem.
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Qualcomm Incorporated has announced record results for the first quarter of its 2012 financial year, which is the three-month period that ended on 25th December 2011.
Revenue was up 40% year-on-year to $4.68 billion and net income was up 20% to $1.40 billion.
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