QUALCOMM, Inc. (NASDAQ:QCOM) Collaboration To Concentrate On Personalizing Pediatric Asthma Treatment
Denver, CO, 08/14/2013 (Avauncer.com) – QUALCOMM, Inc. (NASDAQ:QCOM) and Rady Children’s Hospital (San Diego, California) have joined hands to roll out a 3G-enabled kit for examining the actions of asthmatic kids, as per a declaration. The proposal is intended at cutting down expenses from emergency room visits and hospitalizations, whilst bettering results and determining whether asthma connected therapy can be personalized based on a sufferer’s physiology.
Around 50 patients aged between 7 and 17 will be enrolled into the task from the pulmonary and asthma/allergy clinics at Rady Children’s. Each participating sufferer and their family will obtain a remote monitoring kit and complete training on how to utilize it.
Qualcomm builds up system to avoid pedestrians, cyclists
QUALCOMM, Inc. (NASDAQ:QCOM) is making attempts to devise a system to assist motorists to keep themselves away from pedestrians and cyclists. Mr. Chris Borroni-Bird, Qualcomm’s VP of strategic growth, said that the firm is formulating a portable device, which would show the location of a walker or cyclist. An appropriately outfitted vehicle would obtain that indication and notify the driver if the walker was in the vehicle’s lane, he declared this on the sidelines of this year’s CAR Management Briefing Seminars.
Qualcomm now worth more than chip maker Intel
As per the latest ratings of firms based on market capitalization, Qualcomm, Inc. (NASDAQ:QCOM) is currently worth above well-known chip maker, Intel. The S&P 500 ordered by largest market capitalization has Qualcomm, Inc. in the 29th place which is one higher than Intel. Market capitalization offers an accurate assessment of the worth attributed by the securities market to a given firm’s scrip. Qualcomm, Inc. possessed a value of around $113.82 billion whilst Intel is valued near $111.85 billion.
Qualcomm’s Jacobs shuns debt-funded payouts
Qualcomm Inc., the most cash-rich semiconductor firm, requires keeping a big part of those reserves to aid maintain its supremacy in the telephone-chip zone, company’s CEO Paul Jacobs stated. Whilst Paul stated that he is paying attention to investor calls for repurchases or a dividend increase as the scrip languishes, he’s concentrated on making investment in novel products.