Bloomberg Markets: Qualcomm Projects Steep Profit Decline

Published: July 19, 2017, 8:57 p.m.

Bloomberg Markets with Carol Massar and Cory Johnson. GUEST: Ian King U.S. Semiconductor Reporter Bloomberg News Discussing Qualcomm Inc., the biggest maker of chips used in mobile phones, forecast a steep decline in fourth-quarter profit that underscores its dependence on the licensing fees that one of its largest customers, Apple Inc., has stopped paying.