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QUALCOMM (NasdaqGS:QCOM) and SpaceX have agreed a multiyear partnership to power the new Starlink Mobile nationwide 5G network. The project uses Qualcomm 5G infrastructure technology at national scale, taking the chip designer beyond its traditional smartphone-focused business. Starlink Mobile aims to offer a satellite-backed 5G service across the U.S., creating a new competitor to existing wireless carriers. This Starlink Mobile 5G infrastructure deal with SpaceX is a big swing for Qualcomm that investors may want to weigh carefully. Check out 1 major warning sign that QUALCOMM investors should know about.
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