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Qualcomm drops as Chinese smartphone weakness persists

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Qualcomm drops as Chinese smartphone weakness persists Apr. 01, 2022 1:31 PM ET [QUALCOMM Incorporated (QCOM)](/symbol/QCOM?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Anews%7Csymbol%3AQCOM) [AAPL](/symbol/AAPL?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Anews%7Csymbol%3AAAPL) [By: Chris Ciaccia](/user/55407719/profile?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name%7Cfirst_level_url%3Anews) , SA News Editor [9 Comments](#comments) [QUALCOMM Incorporated (QCOM)] [AAPL] [By: Chris Ciaccia] , SA News Editor [9 Comments] – Qualcomm (NASDAQ: [QCOM] ) shares fell sharply on Friday as concerns about the Chinese smartphone market continued to persist. – TF International Securities analyst Ming-Chi Kuo [said] on Thursday that "major" Chinese Android phone brands have cut their orders for about 170 million units since the start of the year, roughly 20% of their original shipping plans. The vast majority…

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