Qualcomm forecast misses as customer loss hurts mobile chip sales

Qualcomm Inc forecast current-quarter revenue and profit below analysts' expectations, saying the loss of a key customer and delays in product launches by some smartphone makers would hurt sales of its flagship Snapdragon chips. Earlier this year, longtime customer Samsung Electronics Co opted to use an internally developed processor for its new Galaxy S6 smartphone and Note rather than Qualcomm's latest Snapdragon mobile chip. Most of Qualcomm's revenue comes from selling baseban