Signs of Qualcomm and 5G are pictured at Mobile World Congress (MWC) in Shanghai, China June 28, 2019. Photo: Reuters
Signs of Qualcomm and 5G are pictured at Mobile World Congress (MWC) in Shanghai, China June 28, 2019. Photo: Reuters
Qualcomm

Qualcomm forecasts upbeat revenue as 5G demand mitigates virus impact

  • US chip maker Qualcomm forecasts current-quarter revenue largely in line with expectations as it signs more contracts for 5G phones with higher-priced chips
  • Its outlook is in contrast to peers such as Intel and Texas Instrument who have withdrawn or cut their revenue forecasts, citing the impact of the coronavirus

Signs of Qualcomm and 5G are pictured at Mobile World Congress (MWC) in Shanghai, China June 28, 2019. Photo: Reuters
Signs of Qualcomm and 5G are pictured at Mobile World Congress (MWC) in Shanghai, China June 28, 2019. Photo: Reuters
READ FULL ARTICLE