Qualcomm Cuts Back On Financial Outlook As It Loses A Major Customer For The Snapdragon 810
The adjusted outlook wasn’t too severe, however. Qualcomm only expects to make somewhere between $26 billion to $28 billion, down from the $26.8 billion to $28.8 billion the company expected before. Qualcomm cited increased concerns over its Chinese business plans, as well as the fact that one of its major customers recently dropped the Snapdragon 810 chip from an upcoming flagship device. Qualcomm won’t outright name the phone maker that turned down the Snapdragon 810, but rumors point to Samsung as the culprit....