US Stock on Focus

Thursday, September 22, 2005

Story Stock: Qualcomm (QCOM) [9]

44.36 +0.94: Qualcomm on Wednesday increased its financial guidance for the fourth quarter and fiscal year ending September 25, 2005, citing strong market momentum for high-speed wireless chipsets. The company, which manufactures and licenses advanced wireless technologies, said it is seeing strength across many geographies in shipments of third-generation CDMA handsets. During the June quarter, both CDMA - the mobile standard in North America - and WCDMA handset shipments increased sequentially in most regions of the world.
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