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Code Division Multiple Access

BUSINESS
January 31, 2000 | (Bloomberg News)
Qualcomm Inc., a U.S. developer of the fastest-growing digital mobile phone standard, said it's "very close" to a pact that could mark the first widespread use of its Code Division Multiple Access technology in China. Qualcomm Senior Vice President Louis Lupin made progress during talks last week with China United Telecommunications Corp. on building CDMA networks in China, said Leo Zhang, Qualcomm's managing director for China.
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BUSINESS
October 24, 2000 | Dow Jones
Shares of STM Wireless Inc. jumped 51% after the Irvine maker of satellite communications networks said Monday that it had earned a patent for a new technology that will reduce the cost of broadband communications via satellite. STM's stock gained $2.63 to close at $7.81 a share in heavy Nasdaq trading. During the day, the price hit as high as $9.69 a share before settling back. More than 2.
BUSINESS
July 6, 2005 | From Bloomberg News
Broadcom Corp. has filed an antitrust lawsuit that accuses larger competitor Qualcomm Inc. of stifling competition and inflating prices in the market for cellphone chips. Qualcomm threatened to cut off supplies to companies that bought from rivals and coerced users into supporting Qualcomm products over competing ones, according to the suit, filed July 1 in U.S. District Court in New Jersey. The suit escalates legal battles between the companies.
BUSINESS
June 15, 2000 | Bloomberg News
Wireless technology giant Qualcomm's latest rally gave way to another sell-off Wednesday, after an analyst at brokerage Bear, Stearns & Co. cut his earnings forecasts for fiscal 2000 and 2001. San Diego-based Qualcomm (QCOM), which makes cell-phone chips and licenses its wireless technology, slid $10.88 to $70.50 on Nasdaq in heavy trading of 41.9 million shares. The stock had jumped from $66.06 on May 26 to $81.69 as of Monday, as investors returned to it after its deep slide in recent months.
BUSINESS
November 9, 2007 | From the Associated Press
Qualcomm Inc. reported Thursday that its fiscal fourth-quarter earnings nearly doubled on demand for chips that power high-end cellphones, but its estimate of first-quarter profit was on the low end of Wall Street's expectations. Shares of San Diego-based Qualcomm tumbled 3.5%, or $1.43, to $39.76, then plunged an additional $2.86 after hours. Qualcomm, the world's second-largest supplier of cellphone chips, earned $1.
BUSINESS
July 20, 2006 | From Bloomberg News
Qualcomm Inc. said Wednesday that its fiscal third-quarter profit increased 15% on higher royalties and sales of handsets that provide music and faster Internet access. The San Diego-based maker of chips for mobile phones forecast profit in its current fourth quarter of 39 cents to 41 cents a share, minus some costs. That compares with the 42-cent average estimate of analysts surveyed by Thomson Financial.
BUSINESS
February 15, 2006 | From Associated Press
Japan's Sanyo Electric Co. and Finland's Nokia Corp. announced Tuesday that they would combine some of their cellphone operations into a joint venture with major operations in San Diego. The new entity will have 3,500 employees, Nokia said; more than 200 jobs will be cut because of the merger. Apart from San Diego, the venture will have major operations in the Japanese cities of Osaka and Tottori. The companies did not say where the new entity's headquarters would be.
BUSINESS
September 17, 1991 | GREG JOHNSON, TIMES STAFF WRITER
Qualcomm, a San Diego-based high-technology company that was founded in 1985, on Monday said it had filed with the Securities & Exchange Commission for an initial public offering that is designed to raise about $50 million. Qualcomm will offer its stock "at between $14 and $16 per share," according to Qualcomm Treasurer Dick Grannis. Qualcomm's IPO will include 3.5 million shares of common stock, of which 2.8 million shares would be sold in a domestic offering.
BUSINESS
December 5, 2006 | From the Associated Press
Qualcomm Inc. said Monday that it was expanding its wireless semiconductor capabilities with the acquisitions of a company that develops Wi-Fi technology for laptops and hotspots, and a business that specializes in Bluetooth connections between mobile devices such as cellphones and headsets. Qualcomm is paying an undisclosed amount to acquire all of Airgo Networks Inc. and $39 million to buy the majority of RF Micro Devices Inc.'s Bluetooth operations.
BUSINESS
January 5, 2007 | From the Associated Press
South Korea's antitrust regulator said Thursday that it had launched a full-scale investigation into alleged unfair market practices by U.S. wireless technology company Qualcomm Inc. The Fair Trade Commission early last month formed a task force to push forward a probe into allegations that the company used its dominant position in wireless technology to seek excessive royalties, said Shin Yeong-ho, a commission official.
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