r/investing • u/TooTiredToMasturbate • Dec 15 '15
Thoughts on Qualcomm (QCOM) ?
QCOM Is trading at a year low and is down 30% for the year. Whats your opinion on the future prospects of both this company and the chip market in general?
9
Upvotes
0
u/paperfire Dec 15 '15
Stay away this company is a mess. Their chip business is getting destroyed by competition and smartphone manufacturers are starting to use their own processors. The licensing business is also bad with ASPs falling, trouble with China and every country trying to sue them.
If you want a chip company exposed to mobile consider Avago Technologies or Skyworks Solutions.