San Diego-based company founded in 1985 designs and manufactures digital telecom products and services.
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News about Qualcomm
It's just the latest volley in the ongoing battle between the Cupertino colossus and the world's largest chip maker.
The company estimated second-quarter revenue of $4.4 billion to $5.2 billion.
"We’re selling hundreds of millions of phones,” said Apple COO Jeff Williams. "We had a gun to our head."
The focus is on consumer products this year.
Chinese companies call for "fine or detention" to force Apple compliance.