Qualcomm shares rise after agreement with Huawei & 5G progress

The US chipmaker’s shares rose nearly 12% to a record high in after-market trading on Wednesday reports Financial Times. This happened after Qualcomm issued a strong forecast for the current quarter. Qualcomm’s long-term debate with China-based Huawei has finally ended, and it would receive $1.8bn from Huawei after resolving over the patent licenses between them. … Continue reading Qualcomm shares rise after agreement with Huawei & 5G progress