That Coolpad is the third most popular handset brand (in terms of shipped phones) for the world’s largest cellphone market helps its global standing. But it has also started to sell its phones in Europe and the US through Vodafone and T-Mobile. In an interview with the Wall Street Journal published on Nov. 20, China’s vice president Zhang Guang-qiang said the company is also in talks with distributors in Taiwan and India.
But Qualcomm CFO George Davis put things in perspective yesterday in a presentation to analysts and institutional investors that was part of Qualcomm Analyst Day, held at the Ritz Carlton in New York’s Battery Park.
Qualcomm also has been stockpiling so much cash that the company says it returned $6.7 billion to shareholders in fiscal 2013 in the form of higher dividends and stock buybacks. The company says it had $8.1 billion in available cash in the U.S., with another $21.3 billion held in foreign accounts. (Returning that cash to the United States would incur taxes that Qualcomm considers prohibitive.) Going forward, the company says it intends to return 75 percent of its free cash flow to shareholders.
“While we’re doing this, we want to make sure that we can [still] take strategic actions,” Jacobs said. That doesn’t necessarily mean the company is planning some acquisitions. (Over the past five years, Qualcomm has made 49 acquisitions, and 38 were valued at less than $50 million. The only M&A deal valued at more than $350 million was Qualcomm’s 2011 acquisition of Atheros Communications, which was actually more than $3 billion.) There are others reasons to amass cash, Jacobs said. “It’s important to retain enough cash and mass to prevent your competitors from coming after you.”
Sony Xperia Z1: Sony's latest updated Xperia handset is up there with the best of them. The Xperia Z1 is also water and dust proof and packs in a 5-inch Full HD TFT capacitive touchscreen display with its 441ppi pixel density. It does, however, boasts of Sony's new and improved Triluminous Display and X Reality Engine technologies as well. The no.1 n3 phone runs on a Qualcomm Snapdragon 800 chipset with its quad-core 2.2 GHz Krait 400 processor and its Adreno 330 GPU.
Keine Kommentare:
Kommentar veröffentlichen