As the largest mobile chipmaker in the world, Qualcomm (QCOM) is expected to be one of the main beneficiaries of the upcoming 5G cycle.However, there’s a particular segment of Qualcomm’s business that gets less attention, but has gradually become more prominent.Susquehanna analyst Christopher Rolland recently spoke to Qualcomm’s resident RF expert, to discuss an “often-misunderstood piece of Qualcomm’s business model.”Qualcomm’s RF front end business – the components that turn the information into radio signals – grew by 50% year-over-year in the first quarter. Rolland estimates the segment makes up 10% of Qualcomm’s overall business, amounting to what is now a run-rate of $600 million. Looking further down the line, in the long term, Qualcomm sees RF making up 20% of the company’s business.The company has expanded its RF “revenue base” significantly, with recent technology advances in parts, such as power amplifiers, switches and antenna tuners.Furthermore, some 5G networks will be powered by mmWave...
(Bloomberg) -- Oracle Corp. reported sales that fell short of analysts’ estimates, signaling that the coronavirus pandemic and recession have spurred a pullback in corporate spending on information technology.Revenue declined about 6.3% to $10.4 billion in the period ended May 31, the Redwood City, California-based company said Tuesday in a statement. Analysts, on average, projected $10.7 billion, according to data compiled by Bloomberg. Shares declined about 4% in extended trading after the results.Chief Executive Officer Safra Catz and Executive Chairman Larry Ellison have sought to renew growth at Oracle, the world’s second-largest software maker. The shift to cloud computing caught the 43-year-old tech giant off guard and it’s still struggling to switch existing database customers to cloud-based offerings and better compete against Amazon.com Inc. and Microsoft Corp. The company notched a key win when Zoom Video Communications Inc. began using cloud services from Oracle along with Amazon to cope with a...
Double Coin and CMA recently entered a strategic partnership with the Independent Tire Dealer Group (ITDG), which represents more than 780 independent tire and auto service locations across North America. ...
Citi senior analyst Jim Suva raised his price target on shares of Apple to a ‘street-high’ of $400 from $310, on the belief that Apple shares could trade higher for five reasons, including the upcoming 5G launch and the company’s wearables business. Suva joins The Final Round to discuss....
Vaccine maker Moderna (MRNA) is on everyone’s radar, with shares rocketing from the $20 level in January to over $60 today. Moderna stock got another small boost yesterday after the inventor of a leading coronavirus vaccine proposal was reported to be nearing a deal to sell its vaccine to Israel. Citing unnamed sources within the Israeli Health Ministry, news site Ynet.com noted that with Phase 2 clinical trials of the vaccine -- mRNA-1273 -- nearly complete, Israel is already "in final negotiations" to buy supplies of the vaccine for distribution to its populace. Which is great news, but here's the thing: Moderna stock was in fact already primed to go higher even before the Israeli news was announced.Over the weekend, you see, investment bank J.P. Morgan released an update on a recent discussion it had with Moderna CEO Stephane Bancel and CFO David Meline. In that note, J.P. Morgan analyst Cory...
