Friday, 20 April 2012
Fishing for Chips
It's a nice problem to have, more demand for your products than you can make, at least that's what you'd think, but as Total Telecom reported yesterday that may not be how Qualcomm is feeling.
CEO Paul Jacobs said yesterday "Chasing supply is our biggest issue," and the stock market responded with shares sliding by 3.5% in afterhours trading.
This hit on the stock market could be exasperated if other chip makers can muscle into the sector, and who would bet against Intel after the XOLO X900 launched in India, powered by an Intel chip.
The conflict between stock market and telecom company performance is one of the discussion areas for the Total Telecom Finance Summit in October. Find out more at www.totaltele.com/financesummit