Qualcomm Io News Today

Consolidated Non-Financial Declaration 2023 Consolidated Non-Financial...

Up to ten years of software updates

Ethical electronics startup, Fairphone, has taken the recycled wrapping off a new flagship smartphone, the Fairphone 5, which will start shipping to Ethical electronics startup, Fairphone, has taken the recycled wrapping off a new flagship smartphone, the Fairphone 5, which will start shipping to buyers in Europe next month.

The mobile chipmaker is still stuck in a cyclical slump.

Qualcomm said its revenue fell 17 percent to $9.275 billion for its fiscal second quarter ended March 26, 2023 from $11.164 billion.

Qualcomm's Q2 FY 2023 net income likely plunged by more than 40% and revenue likely fell by 19% industry-wide depressed demand hurt both top- and bottom-line performance.

Investors have really grown unaccustomed to big spending surges over the last decade. Strap in.

Qualcomm shares fell in extended trading on Wednesday after the chipmaker offered poor first-quarter guidance.

Supply chain and logistics news

Global cellular IoT module chipset shipments grew 35 per cent (on-year) in the first quarter this year, and Qualcomm led the market with 42 per cent share and 30 per cent growth across nine out of the 10 key regions globally.