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Qualcomm to invest in Modu

Globes reports that Qualcomm is to invest US$7 million in modular mobile handset developer Modu, bringing the amount of money raised by the company to US$92 million.

Qualcomm profits drop 56%, lowers full year outlook

Qualcomm, the world’s largest maker of mobile chips, has slashed revenue and income guidance for its current fiscal year, after weakening demand for its chips saw it report a 56 percent annual decline in net income in its previous financial quarter.

iSuppli: RIM’s Storm costlier to produce than iPhone

A device teardown by analyst firm iSuppli has revealed that Research In Motion’s (RIM) Storm – the first BlackBerry touchscreen – is more expensive to produce than Apple’s iPhone 3G, and may mark the first time that the Canadian handset vendor has used Qualcomm chips.

Toshiba unveils world’s first Snapdragon phone

Toshiba has unveiled the first mobile device based on Qualcomm’s ‘Snapdragon’ chip, reports Slash Gear. The touchscreen smartphone – known as the Toshiba TG01 – is based on Microsoft’s Windows Mobile 6.1 platform and is being seen as a potential competitor to Apple’s iPhone.

Microsoft smartphone rumours gather pace

PC World reports that analysts are predicting that Microsoft could launch its own smartphone at the GSMA Mobile World Congress later this month.

Congress approves US digital TV delay

RCR Wireless News reports that the US switch to digital television signals will be delayed until 12 June under legislation that cleared Congress this week and now goes to President Barack Obama for his signature into law, a move that looks set to cost Qualcomm heavily.

Qualcomm adds NFC support

Qualcomm has added support for Near Field Communication (NFC) technology to certain chipsets in its product portfolio.

Telstra commits to 42Mb/s by year-end

Australian operator Telstra yesterday announced that its Next G HSPA Evolution network will be upgraded to 42Mb/s by the end of the year.

Qualcomm chipset targets multimode handsets

Qualcomm has released details of a new silicon device that targets smartphone manufacturers who want to support various different technologies such as CDMA2000, HSPA+ and LTE.

Nokia and Qualcomm join forces

Nokia and Qualcomm have teamed up to develop WCDMA-based 3G devices in a deal that goes some way to resolving the previously frosty – and often litigious – relationship between the two mobile heavyweights.