Report
Abhinav Davuluri
EUR 101.80 For Business Accounts Only

Best Idea Qualcomm Vehemently Opposes Unsolicited Broadcom Bid in Letter to Shareholders

On Jan. 16, Qualcomm sent a letter to shareholders and held an investor presentation to underscore both its near-term and long-term opportunities as it implores stockholders to reject Broadcom’s hostile takeover proposal. Specifically, management said that Qualcomm’s virtuous cycle of standards leadership, intellectual property leadership, and product innovation would be disrupted by the cost-cutting endeavors of Broadcom. Assuming $1.50 in adjusted EPS accretion from NXP Semiconductors and $1.5...
Underlying
Qualcomm Inc

Qualcomm is engaged in the development and commercialization of foundational technologies for the wireless industry. The company's segments include: Qualcomm CDMA Technologies, which is a developer and supplier of integrated circuits and system software based on code division multiple access, orthogonal frequency division multiple access and other technologies; Qualcomm Technology Licensing, which grants licenses or otherwise provides rights to use portions of its intellectual property portfolio, which, among other rights, include certain patent rights essential to and/or useful in the manufacture and sale of certain wireless products; and Qualcomm Strategic Initiatives, which makes investments.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Abhinav Davuluri

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch