Chipmaker Qualcomm (QCOM) expects a pickup in royalty revenue in 2014 from China as the country’s wireless service providers roll out 4G wireless data networks. At an analysts’ day in New York on Wednesday, Qualcomm management also guided to stable royalty rates, easing worries that stemmed from a small decrease in Q3. The wireless chipmaker reported Q3 EPS that missed views . “Qualcomm’s royalty rate is expected to be 3.1% to 3.3% in fiscal 2014,
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Qualcomm Royalty Outlook Seen Stable, China 4G Key