Qualcomm shares dip despite upbeat earnings, Samsung deal
Qualcomm reported a dip in quarterly earnings as it continues to grapple with regulatory issues and customer disputes. However, profits were ahead of what the company had said to expect.
Separately, the company said it had reached new deals with Samsung, one of its largest customers.
Why it matters: The chipmaker is in the midst of a hostile takeover bid from Broadcom, was just fined by European antitrust regulators and remains in a bitter legal battle with Apple.