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Qualcomm sees supply constraints easing

Qualcomm sees supply constraints easing Reuters Qualcomm Inc on Wednesday forecast quarterly sales and adjusted profits above Wall Street estimates, with executives saying they see supply constraints easing as smartphone buyers upgrade to 5G and former Huawei Technologies Co (華為) customers migrate to Qualcomm-chip phones. Qualcomm is the world’s biggest supplier of smartphone chips, providing key components for 5G connectivity. The San Diego, California-based company has resolved protracted legal fights with regulators and regained iPhone maker Apple Inc as a customer. “Qualcomm is clearly benefiting from its 5G design win with Apple’s iPhone12 and other Asian smartphones’ OEMs [original equipment manufacturers],” Summit Insights Group analyst Kinngai Chan (陳金蓋), said.

Qualcomm Sees Revenue, Profits Above Estimates; Says Supply Chain Is Improving

Qualcomm sees revenue, profits above estimates; says supply chain is improving Stephen Nellis , By Stephen Nellis and Chavi Mehta (Reuters) -Qualcomm Inc on Wednesday forecast current quarter sales and adjusted profits above Wall Street estimates, with executives saying they see supply constraints easing as smartphone buyers upgrade to 5G and former Huawei Technologies Co Ltd customers migrate to Qualcomm-chip phones. Qualcomm shares rose 6% after the results were released. Qualcomm is the world s biggest supplier of smartphone chips, providing key components for 5G connectivity. The San Diego, California-based company has resolved protracted legal fights with regulators and regained iPhone maker Apple Inc as a customer.

Why the World Is Short of Computer Chips, and Why It Matters

Why the World Is Short of Computer Chips, and Why It Matters
washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.

A Cautionary Tale For China s Ambitious Chipmakers

A Cautionary Tale For China s Ambitious Chipmakers
wcsufm.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wcsufm.org Daily Mail and Mail on Sunday newspapers.

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