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(Reuters) -Chipmaker Qualcomm forecast fourth-quarter revenue above Wall Street estimates on Wednesday, betting on strong demand for high-end Android devices and the need for more chips in smartphones ...
By Chavi Mehta and Jane Lanhee Lee (Reuters) -Qualcomm Inc forecast third-quarter revenue above analyst expectations after beating second quarter revenue and profit estimates on Wednesday, largely ...
Revenue from this segment increased substantially by 59% year-over-year to $959 million. This growth comes from the broad adoption of Qualcomm's Snapdragon Digital Chassis platform.
Qualcomm is shifting its business strategy to reduce reliance on the smartphone segment, targeting new growth areas like PC, ...
• Qualcomm has seen its revenue grow at an average rate of 5.3% over the past 3 years (versus a growth of 5.5% for the S&P 500) • Its revenues have increased by 12.1% from $36 billion to $42 ...
Notably, Qualcomm CDMA Technologies (QCT) revenue surged 18% year-over-year, boosted by Snapdragon adoption, AI-enabled IoT solutions, and a 59% growth in Automotive from new global OEM contracts.
Qualcomm is spreading its wings beyond the smartphone market, aiming to reduce its dependency on mobile sales. Their new ...
Qualcomm is expanding into automotive and AI, positioning itself for future growth. Read more on what investors should know ...
(Reuters) -Qualcomm Inc forecast third-quarter revenue above analyst expectations after beating second quarter revenue and profit estimates on Wednesday, largely due to its move to focus on a growing ...
The company's chipset business, which accounts for 86% of its total revenue, grew 11% year-over-year to $8.1 billion. Handset chip sales rose 12% to $5.9 billion, while automotive chip sales ...