Qualcomm, Inc. (NASDAQ:QCOM) Implementing Krait Cores Exclusively for Upper Segment - ALU, CIEN, TLAB

Pompano Beach, FL -- (SBWIRE) -- 12/17/2012 -- Qualcomm, Inc. (NASDAQ:QCOM) plans to implement their high-speedKrait cores, such as those in the Snapdragon S4, justto the chips for the higher segment of the market. The firm will incorporate Krait core designs just inside of their quad-core SoC chips for high-end mobile gadgets, whereas the cheaper Snapdragon will be for smartphones priced lower than $160 and will have a reference ARM core. This has been authenticated by James Shen, one of Qualcomm’s managers.

For How Long QCOM’s Gloss will Attract Investors? Find out via this report

Keeping Krait cores for the upper sector of the market Qualcomm plans to further distinguish from the quad-core chips from other manufacturers, whereas to the majority of end users it did not matter what type of architecture their SoC’s in mobile devices have, as long as they deliver good performance.
At the current trading session, QUALCOMM, Inc. (NASDAQ:QCOM) shares gained +2.98% to $61.62 while The Stock traded within the range of $59.90 – $61.90. In the past year, the stock has traded within a range of $51.76 – $68.87. The current session’s volume of 10.47 million shares is down from the average daily trading volume of 12.80 million shares.

While If we look at the few other hot stocks at tech sector Alcatel Lucent SA, Ciena Corporation and Tellabs, Inc. were remain in top volume leaders. Let’s have a quick look on their Market performance.
Alcatel Lucent SA (ADR) (NYSE:ALU) shares are up +7.66% to $1.34 while the stock is traded within the range of $1.23 – $1.35 in the current trading session. In the last 12 months the shares have traded between $0.91 and $2.66. The current session’s volume of 23.57 million shares is higher than their average daily trading volume of 20.90 million shares.

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Ciena Corporation (NASDAQ:CIEN) shares in the current session moved down -3.18% reaching at $15.21. The stock traded in a range of $14.91 – $15.63. In the last year the stock has moved within a range of $10.30 – $18.39. The current session’s volume of 2.28 million shares is lower from their average daily trading volume of 3.94 million shares.

Has CIEN Found The Bottom And Ready To Gain Momentum? Find Out Here

Another rival company Tellabs, Inc. (NASDAQ:TLAB) trading down -1.72% to $3.28. Intraday trading recorded the stock price in a range of $3.25 to $3.37. In the previous 52 weeks the stock’s price ranged between $2.70 and $4.41. The current session’s volume of 2.04 million shares was lower from their average daily trading volume of 4.46 million shares.

Will TLAB Get Buyers Even After The Recent Rally? Find Out Here

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