Qualcomm eyes IoT as it records $10.7 billion revenue

Qualcomm eyes IoT as it records _10.7 billion revenue-01

Qualcomm has reported a record revenue of $10.7 billion in its December quarter of 2021, a massive performance in its chipset and licensing business. In the last month, CES 2022 event, Qualcomm underlined broad support from ecosystem partners like Acer, ASUS, HP, Lenovo, and Microsoft, as well as 200 enterprise clients currently testing or deploying Windows on Snapdragon laptops in two-in-one devices.

Qualcomm continues to see strong momentum in the IoT with revenue growth of 41 percent (year over year) across consumer, edge networking, and industrial. “In consumer IoT, our early investments, collaboration with Microsoft, and the recent acquisition of NUVIA uniquely position us to drive the PC industry transition to ARM-based computing for next-generation connected laptops,” said the company CEO.

Read More: https://www.cxovoice.com/qualcomm-eyes-iot-as-it-records-10-7-billion-revenue/?

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