Qualcomm Profit Sinks 44% With Low Chip Sales And Continued Struggles In China Over Licensing.

The article reveals that mobile chip giant Qualcomm experienced a net income decline of 44 percent in the fourth quarter of 2015 with the company continuing to struggle with China on licensing and declining chip sales. Topics covered include how Qualcomm has struggled in 2015 with an antitrust investigation from the Chinese government about its licensing model for its 3G and 4G modems.