Qualcomm is in trouble.
For most, those words probably mean next to nothing, but if you know much about the technology within your smartphone, it means a great deal. Qualcomm builds many of the key components of the world's smartphones — specifically, the modems and often the processors, too. It's also the dominant vendor in both categories.
To smartphone users, the difference between a phone that uses a chip or modem from Qualcomm and some other brand is often measured in seconds — how long it takes to launch an app or call up a webpage, for instance. To the industry, it's measured in billions of dollars — the reward for making deals to get your technology into the hands of millions of people. And in the future, the difference could play a role in the 5G race. Read more...More about Smartphones, Qualcomm, Tech, and Mobile