In February, Samsung announced its new Galaxy S5 flagship phone, which launches later this month. If the GS5 sells well, it should place Qualcomm (NASDAQ:QCOM) in a good position for some upside from the sales. Qualcomm has already announced that its Snapdragon 801 would power the device, but it was uncertain how many of the variants of the device released to various international markets would carry the Qualcomm chip vs. Samsung's Exynos chip. It now looks as though Qualcomm has won a majority of the variants, which is definitely a win for the company.
Additionally, China Mobile (NYSE: CHL) has begun to roll out its 4G TD-LTE network in China, starting in January. The largest wireless carrier in the world now has just over 1.3 million 4G subscribers. China Mobile expects to sell 100 million 4G devices, and Qualcomm will be the leading chipset vendor. That's in addition to its lucrative licensing business, where the company benefits on both 3G and 4G intellectual property.
In this segment from Tuesday's Tech Teardown, host Erin Kennedy and Motley Fool tech and telecom bureau chief Evan Niu discuss several tailwinds boosting Qualcomm today.