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Qualcomm (QCOM) underscores its diversification strategy at the investor day and is likely to tend towards an all-time high again. The highlight is the raised non-handset revenue forecast from 22 billion to 40 billion USD. As a result, the chip business with smartphones, currently accounting for two-thirds of revenue, is expected to only account for one-third of the revenue mix. By 2029, approximately 10 billion USD is planned for the automotive business (with a pipeline already at 65 billion USD), and 14 billion USD in the IoT segment around industry,...
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