NEW YORK (TheStreet) -- Shares ofaQualcomm Inc. are slightly lower in pre-market trade after it was reported that Samsung areleased its first independently developed communication chip embedded in a smartphone, the South Korean Maeil Business Newspaper reports. The company's system LSI division was confirmed to have started manufacturing the smartphone communication chip "Exynos Modem 303" from mid-August, said sources in the IT sector. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months.