Headline Details

Qualcomm forecasts upbeat revenue as 5G demand mitigates virus impact

Published on: Wed, 29 Apr 2020 21:43:22 UTC
News Agency: Reuters
Description:
Qualcomm Inc on Wednesday forecast current-quarter revenue largely in line with expectations as it signed more contracts for 5G phones, which use higher-priced chips, at a time when the COVID-19 pandemic has disrupted production channels and led to a fall in demand for smartphones.

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