Qualcomm forecasts sales below estimates as smartphone slump persists
Qualcomm rival MediaTek last week warned that phone manufacturers are "cautious" about buying chips due to tepid end-user demand.
Source: indianexpress.com
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qualcomm forecasts: Qualcomm forecasts sales below estimates as smartphone slump persists
Qualcomm said its forecast also takes into account the impact of macroeconomic headwinds, weaker global handset units and the fact that phone makers are using existing inventory rather than putting in fresh chip orders.
Source: indiatimes.com