TAIPEI/HONG KONG -- Top U.S. mobile chip developer Qualcomm is cutting hundreds of staff in both China and Taiwan, in a move that signals a longer-than-expected industry downturn and slow recovery.
Technology
Qualcomm slashes jobs in China and Taiwan amid smartphone slump
Move follows client Huawei's release of phones powered with own chips
U.S. chipmaker Qualcomm is eliminating hundreds of jobs in China and Taiwan in the face of a downturn in the smartphone market and China supplying more of its own chips. © Reuters
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