Qualcomm sees revenue, profits above estimates as supply chain improves ...Middle East

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Qualcomm sees revenue, profits above estimates as supply chain improves
source : Devdiscourse ( Middle East ) () 29
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 5.4% to $144 in extended trading.

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