Qualcomm rallies on signs smartphone market slump is easing

Follow Us on Google News Qualcomm (QCOM.O) rose nearly 6% on Thursday as its strong first-quarter forecasts signaled that the two-year-long slump in the smartphone market was easing, led by a recovery in China. The company, among the largest designers of chips used in smartphones, was set to increase its market value by nearly $7 billion … Continue reading Qualcomm rallies on signs smartphone market slump is easing