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 * Introduction of new SUV models to help improve results
-CFO
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* Reiterates full-year targets
(Recasts story, adds background, details)
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Atherton Research's Principal Analyst and Technology Futurist Jean Baptiste Su explains in a note sent to clients how Huawei, the world's largest telecom supplier, could fight for its life if banned from purchasing American technologies.
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Reuters
(Reuters) - U.S. chipmaker Qualcomm Inc's (QCOM.O) quarterly profit and revenue topped Wall Street forecasts, suggesting that a slowdown in the global smartphone business might be less severe than feared after a string of weak forecasts from suppliers
Qualcomm's Pro
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Takeda is near a deal worth more than $60 billion to buy European drugmaker Shire, having raised its bid four times in a sign of how ardently Japan's legacy companies are pursuing growth abroad as sales at home slow.
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 The results announced on Wednesday, particularly in Qualcomm's smartphone chip business, were in contrast to those from major mobile phone components makers in Asia including TSMC and SK Hynix Inc , which have warned of slower growth in their smartphone chip divisions. While revenue from Qualcomm's modem chips business - its largest - rose 6 percent in the three months ended March 25, revenue from its licensing business plunged 44 percent, reflecting the loss of revenue due to a high-profile patent battle with Apple Inc (AAPL.O). Qualcomm said it sees about 5 percent growth in modern mobile handsets for the remainder of the year, which is lower than anticipated.
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