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Qualcomm's Q3'14 Impacted By Licensing Issues In China, Though 3G/4G Device Sales Continue To Rise

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Qualcomm expects to resolve the licensing issue in China soon, but remains uncertain of the timing. Accordingly, the company believes that the QTL revenue growth many be muted to some extent in fiscal 2015. Additionally, Qualcomm forecasts the global device ASP’s to decline during fiscal 2015 at a faster pace than recent years, but still expects a reasonable growth in its 3G/4G device sales driven by very strong unit growth.



from Forbes Real Time http://onforb.es/13NDKzN

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