Leading wireless technology developer Qualcomm (NASDAQ: QCOM) reported weak results for Q4 fiscal 2015, weighed down by the company’s inability to conclude new license agreements in China and garner adequate income from Chinese OEMs, that have been under-reporting licensing royalties in the region. However, despite these short-term headwinds, Qualcomm is confident that its performance will be better in fiscal 2016, backed by a strong line-up of chips across different tiers, operational improvements and reduced product costs with the company’s transition to the 14 nanometer node.

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