Qualcomm, the world's largest maker of chips that run cell phones, issued fourth-quarter and full-year earnings guidance Thursday that fell short of Wall Street targets, but the stock soared on a broad-ranging legal settlement.

Shares of Nokia Corp., the world's biggest cell phone maker, rose nearly 3 percent Thursday as the company's truce with chip maker Qualcomm Inc. alleviated fears that their long-running licensing battle would disrupt the mobile industry.

Cirrus Logic Inc. and Qualcomm Inc. were among the few chip stocks heading sharply higher Thursday, though the sector as a whole declined along with the broader market.

A disappointing forecast from iPhone maker Apple Inc. dragged shares of other handset makers lower Monday, even as a weak quarterly report from Texas Instruments Inc. weighed on the broader technology sector.

Motorola Inc.'s shares slipped nearly 4 percent Monday on fears the company lost market share in the second quarter and had to cut prices deeper than analysts feared to stay competitive.

Shares in Research in Motion Ltd., the maker of the popular BlackBerry smart phones, rose modestly Monday after an analyst said concerns over competition with Apple Inc.'s iPhone are "overdone."

LG Electronics said Monday that second-quarter net profit surged 84 percent amid record mobile phone sales.

South Korea's LG Electronics said Monday that second-quarter net profit surged 84 percent from the same period last year amid record mobile phone sales.

Stocks finished the day mixed, as disappointing earnings from Microsoft and Google dragged down techs, but gained 3.6 percent for the week, helped by a rally in bank stocks and a sharp drop in oil prices.  Oil ended the week down 11 percent at $128.88 a barrel.

Texas Instruments Inc. reports second-quarter financial results on Monday. The following is a summary of key developments and analyst opinion related to the period.

Stocks turned mixed Friday as banks rebounded and Google and Microsoft slammed techs.

Stocks turned mixed Friday as banks rebounded and Google and Microsoft slammed techs.

Nokia <NOK1V.HE> has reached high volumes in single-chip mobile phone sales, the company's head was quoted in a newspaper as saying on Friday.

Among the stock activity stories for Thursday, July 17, from AP Financial News:

Among the earnings stories for Thursday, July 17, from AP Financial News: