Canada Markets closed

QCOM Oct 2023 130.000 call

OPR - OPR Delayed Price. Currency in USD
Add to watchlist
0.0400-0.0200 (-33.33%)
At close: 03:43PM EDT
Full screen
Previous Close0.0600
Expire Date2023-10-20
Day's Range0.0400 - 0.0600
Contract RangeN/A
Open Interest15.49k
  • Zacks

    Qualcomm (QCOM) at Crossroads in China: Should Investors Fret?

    As China accounts for the lion's share of Qualcomm's (QCOM) revenues, any disruption in local operation is bound to have a ripple effect across the company.


    Qualcomm plans job cuts in Shanghai amid U.S.-China tech tensions and economic challenges

    The US chip giant Qualcomm (NASDAQ:QCOM) is reportedly planning job cuts at its Shanghai office, amid escalating technology tensions between the US and China, as well as ongoing economic challenges. The company confirmed the layoffs but has not disclosed the exact number of job reductions. This move follows Qualcomm's previously announced expectations of "workforce reductions" in the fourth quarter of fiscal 2023 as part of its restructuring efforts to invest in key growth opportunities.


    Qualcomm initiates workforce reduction in Shanghai and Taiwan amid economic uncertainties

    In response to economic uncertainties and deteriorating U.S.-China technology relations, Qualcomm (NASDAQ:QCOM) has initiated a workforce reduction at its Shanghai and Taiwan offices. The U.S-based chip giant confirmed on Friday that the restructuring plan, which includes significant workforce reductions, is expected to be completed by March 2024.