Bharti Airtel has invested about US$165 million to acquire a 49 percent stake in Qualcomm's Indian entities that hold broadband wireless licenses, with the Indian mobile operator eventually taking full ownership, the companies said Thursday.

Wireless heavyweights Samsung and Qualcomm have joined forces with five other firms to form a coalition that will work to address an array of issues surrounding wireless power chargers.

Samsung Electronics and Qualcomm have joined forces and formed the Alliance for Wireless Power (A4WP) which aims to accelerate the development of wireless charging, the companies said Monday.

Some of the biggest names in IT reported mixed results this week for the first quarter, leading to a dip in tech stocks Friday even as some major indexes showed gains for other sectors.

There is a shortage of Qualcomm Snapdragon S4 processors for tablets and smartphones due to a lack of manufacturing capacity available to make those chips, Qualcomm said on Thursday.

Since the advent of the first modern smartphone--arguably the original Apple iPhone in 2007--the power of these mobile computing devices that also happen to make phone calls has advanced by leaps and bounds.