Qualcomm Says Two Big Buyers Likely to Bail Over Broadcom Tie-Up
Qualcomm warned investors that two of its most important customers have threatened to take their business elsewhere should Qualcomm be acquired by Broadcom. Qualcomm didn't name the customers, but said together they contribute a combined $1 billion in chip revenue. Qualcomm's most important customers are Apple and Samsung, followed by Huawei, LG, Sony, Oppo, and Xiaomi. The customers in question cited a lack of confidence in Broadcom's ability to lead a combined Qualcomm-Broadcom entity as the impetus for their decisions. Broadcom made a second offer for Qualcomm this week, but Qualcomm's board rejected it. The two companies will, however, meet over the next few days to discuss the possibilities of a merger. Some of the biggest questions Qualcomm wants answered concern how much more is Broadcom willing to spend on the acquisition, and what will it do to ensure the deal is completed successfully. Qualcomm is also worried about antitrust issues, and pointed to several big deals that have taken more than 18 months to clear regulatory hurdles. Broadcom has offered to pay Qualcomm $8 billion should the merger fail to be approved.
Oppo Talks Up Sensor-Based Image Stabilization
Feb 23, 2016
Oppo today debuted two new technologies at Mobile World Congress in Barcelona, one that promises higher-quality pictures and another that delivers faster-charging batteries. Oppo says it has created the first image stabilization system for phones at the sensor level.
Oppo Debuts R9 and R9 Plus Handsets
Mar 17, 2016
Oppo today announced the R9 and R9 Plus smartphones, two all-metal devices that feature an updated version of Oppo's Color OS. Both the R9 and R9 Plus run Color OS 3.0, which is based on Android 5.1 Lollipop, and is not as heavy as the previous version of ColorOS.
Coolpad Sues Xiaomi Over Patents
May 11, 2018
Coolpad's China-based business has sued Xiaomi for violating its patented technology. Coolpad Group's Yulong Computer Telecommunications Scientific business unit filed lawsuits against three Xiaomi entities: Xiaomi Telecom Technology, Xiaomi Technology, and Xiaomi Factory.
Qualcomm Rejects Broadcom's Latest Acquisition Offer, But Leaves Door Open
Feb 8, 2018
Qualcomm's board of directors today unanimously rejected Broadcom's revised bid to acquire the company for $121 billion. Qualcomm's board continues to insist that Broadcom is undervaluing Qualcomm's overall worth.