{"id":17037,"date":"2020-02-10T10:24:11","date_gmt":"2020-02-10T17:24:11","guid":{"rendered":"https:\/\/emrabc.ca\/?p=17037"},"modified":"2020-02-27T12:47:56","modified_gmt":"2020-02-27T19:47:56","slug":"qualcomm-is-concerned-about-the-corona-virus-that-shuts-down-the-phone-industry","status":"publish","type":"post","link":"https:\/\/emrabc.ca\/?p=17037","title":{"rendered":"Qualcomm is concerned about the Corona virus that shuts down the phone industry"},"content":{"rendered":"<p class=\"details__headline\"><strong><span style=\"font-size: 16px;\">The world&#8217;s largest maker of smartphone chips and modems is warning that the Corona virus could seriously affect the global mobile industry.<\/span><\/strong><\/p>\n<p><time>06\/02\/2020<\/time><\/p>\n<div><span class=\"notranslate\">Qualcomm said it had to lower expectations in earnings guidance for the next quarter in part due to a virus outbreak in China .<\/span><\/div>\n<div><\/div>\n<div><span class=\"notranslate\">Qualcomm&#8217;s CFO Akash Palkhiwala said, &#8220;The complexity and unpredictability of the Corona disease has seriously affected the supply chain and demand for mobile devices.&#8221;<\/span><\/div>\n<div><\/div>\n<div><span class=\"notranslate\">To date, this deadly virus has killed more than 560 people and infected more than 28,000 worldwide &#8211; most of the infections occurring in China.<\/span> <span class=\"notranslate\">But their boom has affected global business , including retailers closing hundreds of stores and airlines canceling flights to and from China. These moves almost add fuel to the mobile market.<\/span><\/div>\n<div><\/div>\n<div>\n<div id=\"abody\" class=\"cms-body detail\">\n<div><span class=\"notranslate\">According to CNN, the smartphone industry is heavily dependent on China in terms of supply, production and sales, so the impact will be significant.<\/span> <span class=\"notranslate\">Nearly half of Qualcomm&#8217;s revenue last year came from China, based on its latest annual report and some big customers like Apple.<\/span><\/div>\n<div><\/div>\n<div><span class=\"notranslate\">Steve Mollenkopf, CEO of Qualcomm, said: &#8220;As the Corona epidemic continues, our focus is on many Qualcomm employees in China, customers, suppliers, families. as well as those affected by the epidemic in an unprecedented situation. \u201d<\/span><\/div>\n<div><\/div>\n<div><span class=\"notranslate\">The chipmaker reported revenue of $ 5.08 billion in the latest quarter that ended in December, up 5% from the same period last year while down 13% in profits.<\/span><\/div>\n<div><\/div>\n<div><span class=\"notranslate\">After this information, Qualcomm shares fell 2% at the end of yesterday&#8217;s session.<\/span><\/div>\n<\/div>\n<div><\/div>\n<div><a href=\"https:\/\/thanhnien.vn\/cong-nghe\/qualcomm-lo-ngai-virus-corona-lam-dieu-dung-nganh-san-xuat-dien-thoai-1179489.html\">https:\/\/thanhnien.vn\/cong-nghe\/qualcomm-lo-ngai-virus-corona-lam-dieu-dung-nganh-san-xuat-dien-thoai-1179489.html<\/a><\/div>\n<div class=\"cms-body detail\">\n<div class=\"details__morenews\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The world&#8217;s largest maker of smartphone chips and modems is warning that the Corona virus could seriously affect the global mobile industry. 06\/02\/2020 Qualcomm said it had to lower expectations in earnings guidance for the next quarter in part due to a virus outbreak in China . Qualcomm&#8217;s CFO Akash Palkhiwala said, &#8220;The complexity and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[780,772,773],"tags":[],"class_list":["post-17037","post","type-post","status-publish","format-standard","hentry","category-corona","category-virus","category-wuhan-china"],"_links":{"self":[{"href":"https:\/\/emrabc.ca\/index.php?rest_route=\/wp\/v2\/posts\/17037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/emrabc.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/emrabc.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/emrabc.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/emrabc.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17037"}],"version-history":[{"count":4,"href":"https:\/\/emrabc.ca\/index.php?rest_route=\/wp\/v2\/posts\/17037\/revisions"}],"predecessor-version":[{"id":17041,"href":"https:\/\/emrabc.ca\/index.php?rest_route=\/wp\/v2\/posts\/17037\/revisions\/17041"}],"wp:attachment":[{"href":"https:\/\/emrabc.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/emrabc.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/emrabc.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}