Nearly one year after Qualcomm received a $773 million fine by Taiwan’s Fair Trade Commission regarding how the company prices smartphone chips and patents, Qualcomm this week reached a settlement agreement with the Taiwanese regulators that „reverses most“ of the $773 million fine.
In the settlement, Qualcomm will invest $700 million over the next five years to „boost research activities in Taiwan.“ The company will also stop paying fines and retains the right to charge manufacturers royalties on its technology. The Taiwanese regulators will keep around $89 million in fines already paid by Qualcomm and „waive the [...]
Apple shares crossed the $200 mark in intraday trading today, setting a new all-time high for the company’s stock.
Apple’s stock is up over five percent since the market closed on Tuesday, after the company reported a record-breaking $53.3 billion in revenue, meeting the high end of its guidance and topping Wall Street expectations.
All eyes are on the AAPL ticker as Apple hovers ever so close to a trillion dollar valuation, but the company’s precise market cap can’t be determined until Apple files its quarterly 10-Q form today with an updated total of outstanding shares.Tag: AAPL
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Global shipments of 3D sensing smartphones are expected to reach over 100 million units in 2018, according to China-based analyst Sigmaintell, as Android phone makers gradually adopt the technology that Apple introduced to market last year.
China-based Xiaomi and Oppo have already unveiled phones featuring their own versions of the 3D scanning technology that Apple launched in the iPhone X back in September, while Apple is expected to bring Face ID to three new iPhones that are set for launch in the fall.
Xiaomi Mi 8 Explorer Edition Announced in May, Xiaomi’s 6.28-inch Mi 8 Explorer Edition, which combines 3D facial recognition technology and an in-display [...]
Sprint and T-Mobile have finally reached a merger agreement, which means if approved by regulators, two of the four major carriers in the United States will combine into one entity in an all-stock deal worth billions.
The new combined company will be named T-Mobile and current T-Mobile CEO John Legere will serve as the Chief Executive Officer. Sprint and T-Mobile say the company will be a „force for positive change“ in the U.S. wireless, video, and broadband industries, supercharging T-Mobile’s Un-carrier strategy and allowing the new company to „lead in the 5G era.“
The New T-Mobile will have the network capacity to rapidly [...]