Qualcomm Forecasts Ballooning 5G Sales, Posts Largest Revenue Earnings

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first_img– Advertisement – Qualcomm said it shipped 162 million chips capable of wireless data connections during its fiscal fourth quarter, compared with FactSet estimates of 155.3 million.Based on the shipments, the average selling price for chips was $30.9 (roughly Rs. 2,300), higher than $29.3 (roughly Rs. 2,200) in the previous quarter. That is in part because Qualcomm is increasingly paring its modem and processor chips with radio chips that drive up selling prices. Sales of those radio chips nearly doubled from the prior quarter to $852 million (roughly Rs. 6,300 crores) in the fourth quarter, helping drive adjusted earnings per share of $1.45 (roughly Rs. 100) versus estimate of $1.17 (roughly Rs. 90), according to Refinitiv data.“This is really the 5G story showing up in a big way in our business,” Mollenkopf said.Qualcomm expects chip segment revenue in the range of $6.2 billion (roughly Rs. 46,050 crores) to $6.8 billion (roughly Rs. 50,500 crores) for the unit during the first quarter, ahead of FactSet estimates of $5.71 billion (roughly Rs. 42,400 crores).Qualcomm, which makes the bulk of profits from its licensing business, said revenue from the unit was $1.51 billion (roughly Rs. 11,200 crores) , above FactSet estimates of $1.30 billion (roughly Rs. 9,700 crores).The company said it expects overall current-quarter revenue of between $7.8 billion (roughly Rs. 57,950 crores) and $8.6 billion (roughly Rs. 63,400 crores), compared with analysts’ estimates of $7.15 billion (roughly Rs. 53,100 crores), according to IBES data from Refinitiv.Mollenkopf told Reuters the company expects overall 5G handset shipments this calendar year to come in at the top of the company’s expected range of 175 million to 225 million units. The company also raised its forecast for 5G handset shipments for 2021 to a midpoint of 500 million units.He also said Qualcomm has applied for licenses from the United States government to ship chips to Huawei but has received response yet from US officials.Are iPhone 12 mini, HomePod mini the Perfect Apple Devices for India? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts, Google Podcasts, or RSS, download the episode, or just hit the play button below. But Qualcomm is supplying a broad swath of phone makers beyond Apple with 5G chips, which is driving revenue and profit growth. Apple’s iPhone’s launched a month later than usual, and, though he did not name Apple, Qualcomm Chief Executive Steve Mollenkopf told Reuters in an interview that the contribution from new customer in the quarter was small.“The results we just printed really include a smaller impact than you would normally see with one of the new customers that we’re ramping up, just due to timing of their launch,” he said.Apple shares rose 0.6 percent after the announcement of Qualcomm’s results.- Advertisement – Qualcomm forecast fiscal first-quarter revenue above Wall Street estimates on Wednesday as it predicted sales of 5G smart phones would balloon to more than half a billion units next year, powered in part by new Apple iPhone 12 models.Qualcomm’s shares were up 14 percent in extended trading.- Advertisement – The San Diego-based company is the biggest supplier of processors for smartphones and modem chips that connect phones to wireless data networks. It has invested heavily in developing lucrative 5G technology hoping to profit as it becomes mainstream in mobile phones, a trend poised to ramp up with the introduction of Apple’s first 5G phones last month.Revenue from the company’s chip segment, its largest by sales, was $4.97 billion (roughly Rs. 36,900 crores) in the fiscal fourth quarter, compared with FactSet estimates of $4.59 billion (roughly Rs. 34,100 crores).Qualcomm this year returned to being a major supplier for Apple, supplying chips that help the new iPhone 12 models connect to high-speed 5G networks. Apple did not give a forecast for its sales during the current quarter, making Qualcomm’s chip sales one of the few proxies for investors to gauge the progress of the new iPhones.- Advertisement –last_img read more

We followed one Trump supporter from elation to resignation.

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first_img– Advertisement – At his wedding last month, guests sauntered out in oversize Donald and Melania masks, and he savored the discomfort of his wife’s Democratic relatives.“The thing is, we don’t care,” Mr. Rocco said. He is looking forward to many years of Trump presidencies. “I hope Don, Ivanka and Eric all run eventually,” he said last week. Mr. Rocco represents a notable category: young voters drawn into politics for the first time by Mr. Trump. He did not go to college and prides himself on his independent thinking; he puts himself in the category of street smart, not book smart.- Advertisement – He had never bothered to register to vote until 2016, when he first heard Mr. Trump debate on television, and saw a political figure who reminded him of himself.“He doesn’t speak like a politician, he speaks like I do,” he said. “I can understand what this guy is saying. He’s talking like an American person talks. He’s not talking like a robot.”He and his wife, Jenna, a 27-year-old nurse, went all in, organizing rallies and standing on roadsides. As the election and vote counting neared an end, daily check-ins with the Roccos found their moods shifting from excitement to foreboding.center_img – Advertisement – WILMINGTON, Mass. — Nick Rocco went into Election Day amped up. A 26-year-old hair stylist, he spent the past few months campaigning for President Trump, taking special satisfaction in offending Biden supporters.It was still summer when he got kicked off his town’s community Facebook page for his pugnacious pro-Trump posts. When someone stole the Trump sign from his yard, he replaced it with half a dozen new ones, one featuring an expletive.- Advertisement –last_img read more

With President-elect Biden set to repeal ‘Muslim ban,’ affected families begin to feel some relief

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first_imgLike so many others all over the country, Terou, the owner of a popular falafel restaurant in Tennessee, was in anxiety as he and his wife watched election results trickle in. A continuation of Trump’s ban would mean ongoing separation from Terou’s brother and elderly father, who suffers from heart conditions and diabetes. Terou believes he could get better care for his father in the U.S., but a ban makes that path even more difficult that it already is.“Since the ban was first enacted, travelers have been stranded at airports, newlyweds have been torn apart and civilians seeking medical attention have been denied visas to enter the country for treatment,” HuffPost reported last year. “Some Americans were forced to make the difficult decision to leave the U.S. and move to war-torn countries just to be with their families.”- Advertisement – Terou was not able to make his voice heard at the ballot box during the 2016 election, but after applying for U.S. citizenship through his wife, he became naturalized this past June. On Saturday, they found out their votes will now help end this ban. The Post reports that while “his wife was nervous that Trump wouldn’t accept the results”—and that’s certainly the fear of many—“Terou was relieved.” He told the Post, “I think the American people have had their say. Finally, we can sleep now.” – Advertisement – The Post reports that in addition to voting, Terou fed grateful poll workers food from his Knoxville restaurant, Yassin’s Falafel House, which was once awarded “Nicest Place in America” by Reader’s Digest. It also sounds like one of the most responsible places in America. While Tennessee’s Republican governor decided to ignore public health recommendations limiting indoor dining amid the novel coronavirus pandemic, Terou limited his restaurant to takeout only. “Since he opened, he has hired about 25 refugees,” the report said. Democrats this year passed a bill overturning the ban after taking control of the House of Representatives in 2018. But it’s remain stalled in Republican Senate Majority Leader Mitch McConnell’s legislative graveyard, in turn continuing the anguish of so many families.Sahar Algonaimi, just one of the Syrian nationals affected by the ban, was traveling from Saudi Arabia to the United States to help in her mom’s cancer recovery when she was detained at Chicago’s O’Hare Airport for hours, the Center for American Progress said in 2017. Even though she held a U.S. visa, she was then forced to turn back. “I needed someone to be with me here,” her anguished sister Nour told HuffPost at the time. “How am I going to teach my kids and tell them that this is a free country? How can we tell my kids that we have to take care of each other?”- Advertisement –last_img read more

News: gategroup restructures debts in deal with investors

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first_imgThe Swiss company – which provides services including catering, onboard retail and food logistics – has been hard hit by the slowdown in air travel in the wake of the Covid-10 pandemic. – Advertisement –last_img

Gemma Chan Is New L’Oreal Paris International Spokesperson

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first_img“I’ve always believed that we should embrace our difference as our strength. So I’m thrilled to join L’Oréal Paris, a family of empowered women of all origins standing together to show the power and beauty of diversity,” the Crazy Rich Asians star said in a statement. “The L’Oréal Paris message to every woman: ‘believe in your self-worth’ is as needed today as ever.”Chan’s first global campaign for the company will launch internationally later this month, promoting the L’Oréal Paris Revitalift Derm Intensives 3.5% Pure Glycolic Cleanser.“Gemma Chan is proof of the success that happens when you have the confidence to follow your own dreams, and speak up for others to be able to follow theirs,” L’Oréal Paris global brand president, Delphine Viguier-Hovasse, proclaimed. “Committed to her causes with innate female strength, she’s a source of inspiration beyond the screen, for young women to be the change. We’re delighted to welcome Gemma to the family.”Gemma Chan Becomes the Face of a Major Beauty BrandSofia Sanchez & Mauro Mongiello- Advertisement – Gemma Chan Becomes the Face of a Major Beauty BrandGemma Chan. Sofia Sanchez & Mauro MongielloNew gig alert! Gemma Chan is the newest L’Oréal Paris global spokesperson and it’s a match made in heaven.On Tuesday, November 17, the international mass beauty brand announced their partnership with the 37-year-old actress, and she couldn’t be more excited.- Advertisement – But this new role isn’t just about promoting goodies to her. “Beauty to me is about creative expression and self care, leaving you feeling good on the inside as well as the outside,” she continued. “And celebrating each of us in all our diversity.”Listen on Spotify to Get Tressed With Us to get the details of every hair love affair in Hollywood, from the hits and misses on the red carpet to your favorite celebrities’ street style ‘dos (and don’ts!) This “family” includes A-listers like Eva Longoria, Viola Davis and Helen Mirren.The London native wrote about her experience growing up amongst L’Oréal Paris products in an Instagram post on Tuesday. “Some of my earliest childhood memories of beauty are of wandering into my mum’s bedroom into a cloud of Elnett hairspray (with its distinctive smell!) and watching her put on her red L’Oreal lipstick,” she wrote.- Advertisement – – Advertisement –last_img read more

CNTB awarded financial aid in the total amount of HRK 20.765.000,00

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first_imgToday, the 20th session of the Tourist Board of the Croatian National Tourist Board was held at the CNTB Head Office, at which the members of the Council adopted decisions on the allocation of grants by the Croatian National Tourist Board for 2017 in the total amount of 20.765.000,00 kuna.The session was chaired by the Minister of Tourism and President of the Croatian Tourist Board Gari Cappelli, who at the beginning of the session informed the members of the council about the very good indicators of this tourist year. This is also the first session of the Tourist Council attended by the new director of the CNTB Main Office Kristjan Staničić, who was elected to this position by a unanimous decision of the council members at the 19th session held on July 5 this year. “Although Croatia as a destination is most recognizable for its natural beauty and its preservation, we are aware that much more is needed to attract even more guests throughout the year. Therefore, in order to be as competitive as possible, it is extremely important to create additional offers and motives for tourists to come to Croatia. The shifts are very visible, and the confirmation of that is the tourist traffic this year, where we achieved excellent results in the pre-season, but also during July. That is why it is important to continue to encourage the development of all segments of our tourist offer, such as events, but also the creation of new content in underdeveloped areas and the improvement of destination management. I am sure that through these grants our destinations will become even better, richer and ultimately even more competitive”, Said the Minister of Tourism Gary Cappelli.The director of the CNTB’s Main Office, Kristjan Staničić, also agreed with the minister, stressing the importance of financial support for the tourism sector. “Financial support of the Croatian Tourist Board, but also that of the Ministry of Tourism, represents an important segment of further development of the tourism sector because it ensures stability and competitiveness, and encourages further investments of all other entities. Also, these funds represent an investment in the quality of the offer and content, ie in the creation of motives for arrivals and the development of tourism at the level of destinations, which have themselves nominated projects in accordance with their strategic guidelines.”, Concluded director Staničić.Grants for events and programs of destination management companies in 2017According to the CNTB, a total of 2017 applications were received for the public call for support for events in 433, of which 373 applications were taken into consideration, since 60 of them did not meet the conditions of the tender. Financial support from the Croatian National Tourist Board was provided by 215 registered programs divided into three prescribed measures of this Public Invitation in the total amount of HRK 11.500.000,00. Thus, through measure 1 – support for events in the PPS period in underdeveloped tourist areas, HRK 1.140.000,00 was allocated, while through measure 2 – support for national and regional events, a total of HRK 5.710.000,00 was allocated. The amount of HRK 4.650.000,00 was allocated through measure 3 for TOP events. A total of 2017 programs were nominated for the Public Call for Grants to Destination Management Companies in 76, while 67 programs were considered because 9 programs did not meet the conditions of the tender. Financial support was provided by 32 programs in the total amount of HRK 1.765.000,00.Approved and subsidies for underdeveloped areasNa Public call for grants to tourist communities in underdeveloped areas in 2017 a total of 364 registered programs were received, and it was determined that individual candidacies did not comply with the purposes prescribed by the Public Invitation. In accordance with the above, a total of 223 programs received financial support in the total amount of HRK 4.500.000,00. On Public call for grants to projects of tourism initiatives and products in underdeveloped areas in tourism in 2017 a total of 170 projects were nominated, of which 125 valid projects were considered. The decision of the Tourist Council approved support for 54 projects in the total amount of 3.000.000,00 kuna. “All the above decisions on the award of financial aid will be published in addition. ” stand out from the CNTB.We add that the members of the Tourist Board also discussed the reports of the Croatian Tourist Board on the consultations held with partners regarding the implementation of strategic projects in 2018. “The strategic goal of the Ministry of Tourism and the Croatian Tourist Board is to develop and position Croatia as an aviation destination, especially in the periods before and after the season, because in this way we will be able to talk about the full tourist year, not just the season.”, Concluded Minister Cappelli. The call for expressions of interest for the implementation of strategic promotional campaigns in emitting markets in 2018 will be published in Croatian and English, and communication with interested partners will be taken over by the Croatian National Tourist Board for its markets and the CNTB Head Office for others.last_img read more

Invitation to the workshop “Improving the quality of family accommodation”

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first_imgLAG “Eastern Istria” in cooperation with the City of Labin on Tuesday, November 28, 2017 organizes a workshop on “Improving the quality of family accommodation.” The workshop will be held in the multipurpose hall of the Labin City Library starting at 18:00.Lectures are free and intended to private renters – owners of apartments and holiday homes, but also to all those interested who want to learn more about the tools to improve the quality of family accommodation.Topics of the workshop “Improving the quality of family accommodation”:1. Boris Ruzic – “How good architecture and design affect the occupancy of holiday homes in Istria”2. Katja Sosic – “Significance and role of exterior design in family accommodation”3. Domagoj Ostović – “Digitalization of family accommodation”The first topic of the workshop is “How good architecture and design affect the occupancy of holiday homes in Istria”  which will be presented by the designer Boris Ružić, who in his work respects space, above all appreciates the tradition and the course of time by which it is marked. Tradition is part of identity, and identity is the foundation of the personality of each of us. Also, tradition is a living organism that we then transfer to everyday life, so we incorporate it into the interior.The second topic of the workshop is “The importance and role of exterior design in family accommodation” which will be presented Katja Sošić, Authorized landscape architect and certified urban architect. In her work experience she directly participated in the design of landscapes of the most significant investments in tourism, such as the environment of Hotel Monte Mulini and Hotel Lone in Rovinj, which were included in the international publication ARCHITECTURE TODAY – LANDSCAPE – 44 of the best international Landscape Architects, books publishing 2017. The aim of the lecture is to present outdoor design as a resource for additional offers in family accommodation, possible facilities other than the pool, how it can become an important factor in the development of their own offer and identity.The third topic of the workshop is “Digitization of family accommodation” which will be presented Domagoj Ostović, owner of Lloyds design studio, private landlord and founder of the travel agency Istria.Villas is a passionate lover of technology and its application in tourism. Domagoj will present digital products that he and his company have developed for the tourism sector – from web solutions, booking software and mobile applications to digital marketing and design in the service of selling accommodation facilities online. Learn how to profit by improving your own presence in the largest tourism market of the 21st century – the Internet!The Istrian LAG invites all interested parties to contact interested participants to confirm their arrival by Tuesday, November 28, 2017 at 14 pm via email info@lag-istocnaistra.hr. The workshop is free.


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Zagreb hosts MICE B2B forum

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first_imgOrganized by the Europa Congress from Prague and with the support of the Croatian Tourist Board and the Zagreb Tourist Board, the eighth edition of the Annual MCE Central & Eastern Europe Forum will be held in Zagreb from 18 to 20 February.The forum will bring together clients from around the world interested in convention and incentive offer of Central and Eastern Europe, hotels, DMCs, PCOs, congress offices, airlines… MICE B2B forum is a place of direct business meetings, socializing and business connections. The Croatian metropolis was chosen as the host city because of its rich historical heritage, lively cultural life, relaxed atmosphere and friendly atmosphere, as well as top gastronomic offer.Applications are open and more information is available on the website www.europecongress.comlast_img read more

The Light is life event must be a TOP event in Croatia and the direction of the future development of Šibenik

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first_imgWith the parachute jump on the Šibenik waterfront three days ago, at exactly 20,20, the light spectacle ‘Light is life’ began, which for the third year in a row marks the day when Šibenik received public AC lighting exactly 123 years ago, in 1895.Numerous people from Šibenik and tourists enjoyed the real light magic with a music program on the pontoon and 123 anchor light balloons placed in the sea, and the grand finale was a spectacular fireworks display, probably one of the most beautiful we have witnessed.In the musical part of the program, which took place on a floating pontoon set up near the Krka pier, Šibenik folk music, mezzo-soprano Nera Gojanović and singer Đani Stipaničev accompanied by Gordana Pavić performed. During the concert, between 123 anchor floating balloons placed in the sea as a symbol of the anniversary years, several lighted sailboats from JK Val sailed along the port of Šibenik, and the program ended with a spectacular white fireworks display.Photo: City of ŠibenikThe Jaruga hydroelectric power plant was put into operation on August 28, 1895, just two days after one of the most famous AC hydroelectric power plants, the one at Niagara Falls in the USA, started operating. However, the residents of Buffalo started consuming electricity only next year, while it came to Šibenik the same evening. One of the first AC hydropower plants in the world was built on the initiative of Šibenik Mayor Ante Šupuk, his son Marko and engineer Vjekoslav Meichsner.Photo: City of ŠibenikThis year, already a traditional event, it was dedicated to the importance of using renewable energy sources. A platform that can and must mark the future development of the city’s economic development.In my opinion, this event should be one of the main TOP events in Croatia, including Šibenik, Faust Vrančić – parachute, Nikola Tesla – alternating current, do we need a better brand and story. The whole world is turning to renewable sources, ecology, and Šibenik can and should rightly be the leader of the whole story.last_img read more