Qualcomm gave a strong sales forecast for the current quarter, signalling that fifth generation mobile phone services are taking off. Photo: Reuters Qualcomm gave a strong sales forecast for the current quarter, signalling that fifth generation mobile phone services are taking off. Photo: Reuters
Qualcomm gave a strong sales forecast for the current quarter, signalling that fifth generation mobile phone services are taking off. Photo: Reuters
Qualcomm
Tech

Qualcomm shares rise on strong forecast, Huawei agreement

  • Qualcomm shares were up more than 12 per cent in extended trading after the company gave a strong sales forecast for the current quarter
  • The chip maker also announced a new licensing deal with China’s Huawei Technologies on Wednesday

Topic |   Qualcomm
Bloomberg
Bloomberg

Updated: 9:43am, 30 Jul, 2020

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Qualcomm gave a strong sales forecast for the current quarter, signalling that fifth generation mobile phone services are taking off. Photo: Reuters Qualcomm gave a strong sales forecast for the current quarter, signalling that fifth generation mobile phone services are taking off. Photo: Reuters
Qualcomm gave a strong sales forecast for the current quarter, signalling that fifth generation mobile phone services are taking off. Photo: Reuters
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