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Nov 20, 2013

Qualcomm CEO vows to return 75 percent of free cash flow

SAN FRANCISCO, Nov 20 (Reuters) – Leading mobile chipmaker
Qualcomm plans to return 75 percent of free cash flow
to shareholders through stock buybacks and increased dividends,
Chief Executive Paul Jacobs told analysts at an event on
Wednesday.

Unveiling his new capital return commitment, Jacobs said
Qualcomm would grow dividends faster than earnings and continue
opportunistic repurchases as well.

Nov 20, 2013

Qualcomm unveils new mobile chips as investors eye Asia

SAN FRANCISCO (Reuters) – Qualcomm announced a handful of new chips for mobile and networking gadgets ahead of its annual investor event on Wednesday, where analysts are likely to quiz executives about a shift in smartphone growth from the United States to China and other developing countries.

Qualcomm said the fourth generation of its Long Term Evolution chip, used for fast data transfer in top-tier smartphones, would begin sampling by manufacturing customers early next year.

Nov 14, 2013

Applied Materials quarterly results exceed estimates

SAN FRANCISCO (Reuters) – Top chip gear-maker Applied Materials Inc (AMAT.O: Quote, Profile, Research, Stock Buzz) posted fiscal fourth-quarter revenue that modestly exceeded estimates as foundry customers build new production lines, but its forecast for the current quarter was shy of some analysts’ expectations.

The company said it saw a 16 percent increase in orders for new equipment in the fourth quarter, driven by contract manufacturers, known as foundries, as well as NAND memory chipmakers. Spending by logic chipmakers such as Intel Corp (INTC.O: Quote, Profile, Research, Stock Buzz), hurt by lackluster PC demand, accounted for a smaller portion of new orders.

Nov 8, 2013

Nvidia’s current-quarter revenue forecast misses Street

SAN FRANCISCO, Nov 7 (Reuters) – Nvidia Corp gave a
revenue forecast for the current quarter that was shy of Wall
Street’s expectations as the graphics chipmaker faces tough
competition in tablets and a slow personal computer market.

With the personal computer industry losing steam, Nvidia has
expanded its graphics chips into mobile devices, but it is
meeting stiff competition from Qualcomm In c and other
rivals.

Nov 8, 2013

Nvidia’s quarterly forecast raises competition concerns

SAN FRANCISCO (Reuters) – Nvidia Corp gave a revenue forecast for the current quarter that was shy of Wall Street’s expectations as the graphics chipmaker faces tough competition in tablets and a slow personal computer market.

With the personal computer industry losing steam, Nvidia has expanded its graphics chips into tablets and is working on smartphone chips, but it is meeting stiff competition from Qualcomm Inc and other rivals, and some analysts said the chipmaker should exit those markets.

Nov 7, 2013

Nvidia’s current-quarter revenue misses Street

SAN FRANCISCO (Reuters) – Nvidia Corp gave a revenue forecast for the current quarter that was shy of Wall Street’s expectations as the graphics chipmaker faces tough competition in tablets and a slow personal computer market.

With the personal computer industry losing steam, Nvidia has expanded its graphics chips into mobile devices, but it is meeting stiff competition from Qualcomm Inc and other rivals.

Nov 7, 2013

Qualcomm curbs spending as revenue forecast disappoints

SAN FRANCISCO (Reuters) – Qualcomm Inc on Wednesday forecast revenue below expectations and said it would curb fast-growing operating expenses, stoking concerns the leading mobile chipmaker faces tough competition in Asia, and sending its stock down.

San Diego-based Qualcomm’s components are used in smartphones made by Apple Inc and Samsung Electronics Co Inc and its patents pull in revenue from licensees across the cellphone industry.

Nov 6, 2013

Qualcomm curbs spending as revenue guidance disappoints

SAN FRANCISCO (Reuters) – Qualcomm Inc on Wednesday forecast revenue below expectations and said it would curb fast-growing operating expenses, stoking concerns the leading mobile chipmaker faces tough competition in Asia, and sending its stock down.

San Diego-based Qualcomm’s components are used in smartphones made by Apple Inc and Samsung Electronics Co Inc and its patents pulling in revenue from licensees across the cellphone industry.

Nov 6, 2013

Qualcomm quarterly revenue forecast disappoints, stock down

SAN FRANCISCO (Reuters) – Leading mobile chipmaker Qualcomm Inc (QCOM.O: Quote, Profile, Research, Stock Buzz) posted higher fiscal fourth-quarter results on Wednesday, fueled by growing demand for smartphones in Asia, but its shares fell after it gave quarterly revenue guidance below expectations.

San Diego-based Qualcomm is the leading mobile chipmakers, with its components used in smartphones made by Apple Inc (AAPL.O: Quote, Profile, Research, Stock Buzz) and Samsung Electronics Co Inc (005930.KS: Quote, Profile, Research, Stock Buzz) and its patents pulling in revenue from licensees across the cellphone industry.

Nov 6, 2013

New Silk Road drug bazaar opens a month after FBI bust

SAN FRANCISCO, Nov 6 (Reuters) – A new anonymous Internet
marketplace for illegal drugs debuted on Wednesday, with the
same name and appearance as the Silk Road website shut down by
U.S. law enforcement authorities a month ago.

Like its predecessor, the new Silk Road listed hundreds of
advertisements for marijuana, cocaine, ecstasy and other illegal
drugs available for purchase from independent sellers using the
anonymous Bitcoin digital currency.

    • About Noel

      "Based in Thomson Reuters' San Francisco news bureau, Noel Randewich covers the semiconductor industry and the growing use of microchips in everything from smartphones to home energy management. Prior to his San Francisco posting, Mr Randewich spent a decade covering emerging markets news in Mexico City."
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