Bloomberg has reported that Qualcomm has just suffered another significant stock decline. They have in fact been struggling for several different reasons over the past several years. The good news is, they remain one of the few leaders in the smartphone chip market, worldwide. The bad news is this stress does not show any signs of letting up. In fact, things are getting worse. That means things could be tough for them going forward.
So, why is Qualcomm under so much pressure? China is one significant reason. China is one of their critical worldwide markets and both the US and China governments seem to be increasing pressure on various US companies, including Apple, Qualcomm and Google.
