谁在唱衰高通？3个理由驳倒你

Since Qualcomm makes the majority of mobile application processors and wireless modems worldwide, it plans to leverage that strength to launch new IoT chips. That's why it established the AllSeen Alliance, an IoT project which uses the open-source AllJoyn framework to enable smart homes, cars, wearables, and mobile devices to connect to each other.

To complement that push, it launched the Qualcomm Robotics Accelerator, which provides resources to start-ups specializing in robotics and IoT. Qualcomm also recently acquired CSR, an electronics company that specializes in Bluetooth, wireless, and automotive infotainment services, for $2.5 billion. Qualcomm hasn't disclosed how much revenue it generates from IoT chips, but rising demand for connected devices could help Qualcomm reduce its overall dependence on smartphone and tablet chips.

The key takeaways
Qualcomm has taken a lot of punches lately, and there are still questions to be answered. The company's settlement in China reduces the licensing revenue it can generate per handset, and there are concerns that Intel's aggressive expansion into mobile chips could hurt Qualcomm's growth. There are also persistent rumors that Intel could replace Qualcomm's wireless modem in select iPhones soon.

However, many investors overlook Qualcomm's dividend, its cheap valuation, the stability of its QTL business, and its long-term growth potential in the IoT market. Therefore, I'm thinking about buying a few shares of Qualcomm, since the positives seem to outweigh (or at least balance out) the negatives for now.