Qualcomm’s Q4 profit rose 39 percent to $1.17 billion from...
Qualcomm’s Q4 profit rose 39 percent to $1.17 billion from a year earlier. The chip maker shipped 118 million units of CDMA-based mobile station modems, up 28 percent year-over-year. The company expects its $3.1 billion proposed acquisition of Atheros Communications…
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to be completed in the first half of the year. The company has agreed to sell its 700 MHz spectrum for $1.93 billion to AT&T. It expects to shut down the FLO business in March and is working on closing the MediaFLO Technologies division. Qualcomm said will incur future charges of $300 million to $375 million related to restructuring.