Qualcomm Forecasts $22 Billion Revenue Growth from Automotive and PC Chips by 2029

Reported 1 day ago

Qualcomm anticipates a significant increase in revenue from non-smartphone chip sales, projecting $22 billion in five years from sectors such as automotive and laptops. The company aims to diversify beyond its smartphone chip dominance, expecting $8 billion from automotive chips, $4 billion from PCs, and $4 billion for IoT devices, among other categories, despite facing challenges from competitors like Apple.

Source: YAHOO

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