SOURCE: World Street Fundamentals

July 05, 2011 09:23 ET

Equity Research on QUALCOMM Incorporated and Altera Corporation - Need for New Technology Provides Gains

HONG KONG--(Marketwire - Jul 5, 2011) - Today, released its industry report highlighting QUALCOMM Incorporated (NASDAQ: QCOM) and Altera Corporation (NASDAQ: ALTR). Full fundamental and technical analysis is available at

Innovators within the technology sector show the arrival of new investor attention. Growth within technology industry equities has been 28.7% for the past year, and expectations are looking forward at 7.4% growth for the industry in 2011. With the hope of the global economy recovering and the GDP looking forward to economic fundamental growth, this sector proves promising.

World Street Fundamentals has highlighted QUALCOMM Incorporated as it designs, manufactures and markets digital wireless telecommunications products and services based on its code division multiple access (CDMA) technology and other technologies. The Company operates through four segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); Qualcomm Wireless & Internet (QWI), and Qualcomm Strategic Initiatives (QSI). QCT is a developer and supplier of CDMA-based integrated circuits and system software for wireless voice and data communications, multimedia functions and global positioning system products. Qualcomm is well positioned to grow with leading OEMs during 2012, due to its modem technology leadership, integrated solution roadmap, and broad OS platform expertise. The entire report on QUALCOMM Incorporated (NASDAQ: QCOM) is available here:

World Street has highlighted Altera Corporation as a semiconductor company. Altera designs, manufactures and markets programmable logic devices (PLDs), HardCopy application-specific integrated circuits (ASICs), intellectual property (IP) cores and development software. The Company's PLDs consist of field-programmable gate arrays (FPGAs) and complex programmable logic devices (CPLDs), which are semiconductor integrated circuits, or chips, that its customers program to perform logic functions in their electronic systems. The entire report on Altera Corporation (NASDAQ: ALTR) is available here:

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