Derek Aberle
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Qualcomm Facing Tough Competition and Delay in China but Still Optimistic

Qualcomm Facing Tough Competition and Delay in China but Still OptimisticSan Diego, California based Qualcomm Inc, forecasted first-quarter profits that did not meet the expectation of the analysts. The chip making company is struggling to keep up with strong competition from rivals in China and Taiwan. The company is also struggling with delays in closing licensing agreements in China.

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