Finding The Edge
To optimize the UI and slash the cost, most smartphone maker giant has developed their own chip – begin with Samsung Exynos, Apple A-series, and Huawei Kirin. Could this trend dethrone Qualcomm as the market leader? Does the competitive advantage of Qualcomm last long?
Continue reading “Does Competitive Advantage of Qualcomm Last?”
This is how a firm repays a debt by issuing new debt – digging a hole, filling the hole practice. In May 2020, Qualcomm had to repay its 2 billion total debt, but instead of using its cash (almost 12 billion in 2019), The chipmaker issue a new debt note with the same amount to repay it. August 2020, Qualcomm issue another 2 billion to purchase its another old debt note.
Its balance sheet – 15.7 billion debt (both short and long term) vs 6.7 billion cash (and cash equivalent) – bold the firm’s dependence on debt. Do our dragon always hungry for resources? Do shareholders need to worry?
Continue reading “Qualcomm Annual Report. What do We get?”