Huawei founder says growth 'may slow, but only slightly' after U.S. restrictions [Reuters (UK)]
QUALCOMM Incorporated (QCOM)
Last qualcomm incorporated earnings: 4/29 04:01 pm
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Source: Reuters
Huawei founder says growth 'may slow, but only slightly' after U.S. restrictions - Reuters 3 Min Read (Reuters) - Huawei Technologies’ founder and chief executive Ren Zhengfei said on Saturday the growth of the Chinese tech giant “may slow, but only slightly” due to recent U.S. restrictions. In remarks to the Japanese press and reported s.nikkei.com/2VMJSaT by Nikkei Asian Review, Ren reiterated that the Chinese telecom equipment maker has not violated any law. “It is expected that Huawei’s growth may slow, but only slightly,” Ren told Japanese media in his first official comments after the U.S. restrictions, adding that the company’s annual revenue growth may undershoot 20%. On Thursday, Washington put Huawei, one of China’s biggest and most successful companies, on a trade blacklist that could make it extremely difficult for Huawei to do business with U.S. companies, a decision slammed by China, which said it will take steps to protect its companies. The developments surrounding Hua
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QCOM
News
- DeepGreenX and Veea Announce Global Strategic Partnership Agreement [Yahoo! Finance]Yahoo! Finance
- Qualcomm stock falls after new autos, PC targets fail to wow investors [Yahoo! Finance Canada]Yahoo! Finance Canada
- QUALCOMM Incorporated (NASDAQ: QCOM) had its price target lowered by analysts at Susquehanna from $230.00 to $210.00. They now have a "positive" rating on the stock.MarketBeat
- QUALCOMM Incorporated (NASDAQ: QCOM) had its "neutral" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $160.00 price target on the stock.MarketBeat
- Qualcomm Sets New Growth Targets, Showcasing Company's Opportunity as On-Device AI Accelerates Demand for its Technologies [Yahoo! Finance]Yahoo! Finance
QCOM
Earnings
- 11/6/24 - Beat
QCOM
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 144
- 11/15/24 - Form 4
- QCOM's page on the SEC website