Friday, 24 March, 2023

Qualcomm forecasts strong Q1, expects 5G phones to become mainstream

<p>Qualcomm predicted sales of 5G smartphones to be more than half a billion units next year. The firm is the biggest supplier of 5G smartphone processors and modem chips. Qualcomm hopes it to become mainstream in mobile phones. A trend started by Apple&rsquo;s first 5G phones launched recently. Revenue from its chip segment was $4.97 bn in its fiscal fourth quarter. It shipped 162 mn 5G chips during this the&nbsp;fiscal quarter with a higher avg selling price of $30.9.</p>