Qualcomm

JP Morgan drops Apple and Qualcomm from its list of most preferred stocks, as demand for smartphones slows.

South Korea’s government will foster the development of non-silicon power semiconductors

Demand has soared for chips in recent months, with panic buying further squeezing capacity and driving up costs

Qualcomm launched a 5G-ready version of its Snapdragon 4 chips that will run on cheaper phones, priced at $125-$250

The potential threat to the mobile phone industry, with a possible impact on manufacturing and sale

Qualcomm is supplying chips for 5G, the next generation of mobile networks

Chips would also power mid-price devices

Qualcomm lost in an antitrust lawsuit brought by the Federal Trade Commission earlier this year

The auto and tech industries have been split over which technology works better and is safer: wifi or 5G

Qualcomm has argued in court that the ruling could hamper critical negotiations with phone makers over 5G technology