Alphawave Responds to Qualcomm Announcement
Why we think this is neutral
This RNS is a general update in response to an announcement from Qualcomm. It does not contain any specific financial or operational news, so a neutral sentiment score is appropriate.
Key Points
- Alphawave responds to announcement from Qualcomm
- Alphawave confident in its strategy to become a leading semiconductor company
- No certainty of any firm offer from Qualcomm or terms of any potential offer
Summary
The semiconductor company provides a response to an announcement from Qualcomm, stating it is confident in its strategy and will update shareholders if and when appropriate.
Alphawave IP Group plc notes the announcement by Qualcomm and will provide an update if and when appropriate. Alphawave is confident in its strategy to become a leading semiconductor company and the value this will deliver for shareholders. There can be no certainty that any firm offer will be made nor as to the terms on which any offer might be made.
GENERAL UPDATE