Qualcomm has been investing greatly into 5G chips and it’s now profiting. The San Diego chip company posted its fiscal outcomes for the 3 months ending on Sept 27 and its full , exposing an increase in revenue and sales both on a quarterly and annual basis.
The company didn’t call specific factors, but Reuters exposed Apple’s 5G phones were the key driver behind Qualcomm’s success.
( all numbers in million other than %).
Financial Q42020
Fiscal Q42019
Change.2020
Fiscal year2019
Change.
Income.
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