Economy

Qualcomm Unveils $12B In China Deals Amid Trump's Trip

The MoUs were signed at a ceremony at the Great Hall of the People in Beijing led by President of the People's Republic of China Xi Jinping and President of the United States Donald Trump. However, it appears that the enigmatic president has delivered on his word.

Huawei, Xiaomi, Oppo, Vivo, and were the top five domestic smartphone makers in mainland China in the third quarter, per a report from Digitimes' research division.

Qualcomm CEO Steve Mollenkopf was part of President Trump's Department of Commerce Trade Delegation to China, that included executives of leading American companies.

Qualcomm Technologies Inc. signed three non-binding memoranda of understanding with Xiaomi Communications Co.

China-based vendors Oppo and Xiaomi Technology will adopt 3D sensing solutions for smartphones to be launched in 2018, with such solutions to be developed by Himax Technologies via cooperation with Qualcomm and the sensor modules to be produced by Truly Opto-Electronics, according to industry sources, reported the DigiTimes.

Huawei, China's largest smartphones maker, is working with Sunny Optical Technology to develop a 3D sensor solution for its high-end models, the sources said.



Like this

loading...
loading...

Latest


10 November 2017
Fraternity Social Events Suspend at University of MI
Activities that have already been paid for will still go on, but with monitors to keep an eye on students' sobriety. The newspaper reports some hazing allegations include people being put in "alleged near-death situations".

10 November 2017
Argument Leads to Stabbing in Gaslamp District
The serviceman and his friend, an Army veteran, were in the 600 block of 5th Avenue around 11:40 p.m. The victim, identified only as a 30-year-old male, was taken to the hospital with minor injuries.

10 November 2017
Greg Robinson Released After Less Than 1 Season with Lions
Robinson was drafted to be the Rams' franchise left tackle, but has been unable to find his footing since entering the league. The Lions are still responsible for the remaining $1.56 million of Robinson's $3.32 million base salary for this season.

10 November 2017
What's Real Worth Of Exxon Mobil Corporation (XOM), Switch, Inc. (SWCH)
The oil and gas company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.04. Loomis Sayles And LP holds 0% of its portfolio in Masco Corp (NYSE:MAS) for 999 shares. 200 are owned by Sandy Spring Bankshares.

10 November 2017
Students Seriously Injured In 'Deliberate' Vehicle Attack In France
The driver is believed to be of "Asian origin" with a history of "psychological troubles", Le Figaro newspaper reported. A man has rammed his auto into a group of students outside a French high school near Toulouse, injuring three people.

10 November 2017
India 'deplores' UN Rapporteur's comments on Mahatma Gandhi
It denied the UNSR's allegations, citing a report by a private organisation, about the lack of toilets in government schools. UNSR alleged that human rights principles have not been properly addressed in India's water and sanitation programmes.

10 November 2017
Deutsche Bank Aktiengesellschaft (NYSE:DB) Touching Most Active List Today
The stock now shows its YTD (Year to Date) performance of 5.48 percent, whereas its Weekly performance stands at 2.9%. FCF is an indicator of a firm's financial performance, measured as operating cash flow minus capital expenditures.

10 November 2017
The Express Scripts Holding Co
The company's quarterly revenue was down 2.9% compared to the same quarter previous year . (NYSE:TSS) for 10,300 shares. The stock of Express Scripts Holding Company (NASDAQ: ESRX ) earned "Neutral" rating by UBS on Thursday, October 6.

10 November 2017
Basic Trading and Ownership Data for Hecla Mining Company (HL)
The original version of this piece can be accessed at gam-holding-ag-purchases-65000-shares-of-hecla-mining-co-hl/1222865/. Note, this compares with a consensus analyst forecast of 0.03 in earnings per share for its next fiscal quarterly report.

10 November 2017
Passenger vehicles down marginally in Oct: SIAM
Country's largest two wheeler maker Hero MotoCorp registered a decline of nearly four per cent to 0.54 million units. Within the passenger vehicles, the biggest contributor, cars, clocked a decline of 5.32 per cent to 184,666 units.