The Traderszone Network

Published in TZ Latest News 5 November, 2014 by The TZ Newswire Staff

Qualcomm sees more China trouble, faces probes in U.S., Europe

Qualcomm Inc (QCOM.O) warned on Wednesday that an antitrust investigation and problems collecting royalties could harm its business in China next year and it also disclosed new regulatory investigations in the United States and Europe. China’s expanding high-speed 4G network is driving demand for smartphones with leading-edge technology, but Qualcomm’s opportunities have been clouded by an 11-month-old antitrust investigation there.

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