Qualcomm in Rally Mode – CEO Talks About Potential Smartphone Successors!
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Qualcomm (QCOM, i) is traditionally known as a dominant developer of processors and modems for smartphones, but is significantly realigning its business model. The "handsets" division remains responsible for about two-thirds of chip sales and is expected to experience important stabilization with the anticipated low point in Q3 for Android sales in China. The company is pushing for a deep diversification into the areas of Internet of Things (IoT) and Automotive, supported by a detailed strategic plan through 2029. According to Qualcomm, the company...
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