Reuters: Qualcomm halts UMB project, sees no major job cuts

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Qualcomm halts UMB project, sees no major job cuts
      

NEW YORK (Reuters) - Qualcomm Inc , seeking to cut costs in the face of slowing demand for cell phones, has stopped developing a next-generation wireless technology called Ultra Mobile Broadband and is making small-scale layoffs.</p><div class="feedflare">
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