Qualcomm (QCOM) is introducing new chips that will allow PCs to work across multiple broadband cellular networks. The target of the new technology is WiMax, which would allow computers and handsets to connect to fast internet service though its wireless system.
But, PC companies may not be so fast to act. Qualcomm’s plan could take away some WiMax customers by providing an alternatives for wireless access. But, as The Wall Street Journal points out: "Unlike promoters of WiMAX, Qualcomm typically requires hardware companies to pay patent royalties as well as pay for its chips, which would add to the cost of making a laptop."
Filthy lucre. It may cost Qualcomm its dominant position in high-speed wireless.
Douglas A. McIntyre
Take Charge of Your Retirement In Just A Few Minutes (Sponsor)
Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance—and SmartAsset’s simple quiz makes it easier than ever for you to connect with a vetted financial advisor.
Here’s how it works:
- Answer a Few Simple Questions. Tell us a bit about your goals and preferences—it only takes a few minutes!
- Get Matched with Vetted Advisors Our smart tool matches you with up to three pre-screened, vetted advisors who serve your area and are held to a fiduciary standard to act in your best interests. Click here to begin
- Choose Your Fit Review their profiles, schedule an introductory call (or meet in person), and select the advisor who feel is right for you.
Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.