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Qualcomm projects strong Q1 2025, cites China growth

Qualcomm expects to exceed Wall Street sales and profit forecasts next quarter, driven by new smartphone launches in China.

The company’s stock rose 5.5% after announcing a US$15 billion stock buyback.

Qualcomm, a major smartphone chip supplier, is benefiting from the industry’s recovery as consumers buy AI-compatible phones.

Last year, 46% of its revenue came from China

Recent Qualcomm developments

Timeline
12-Dec-2023 📈 Qualcomm hits $3.6b profit fueled by patent licensing
  • Qualcomm profits reach US$3.6 billion in 2023
  • Company faces scrutiny over aggressive licensing tactics
20-Oct-2015 💡 Qualcomm India fund’s first pick: a startup aiming to use big data to stop epidemics
  • Qualcomm announces $150M fund for Indian startups
  • Attune Technologies secures $10M for healthcare expansion
10-Feb-2015 💼 Qualcomm settles monopoly charges in China with $975M payout
  • Qualcomm settles China monopoly probe for $975M
  • Regulators require licensing changes, not major shifts
24-Jul-2014 📈 Qualcomm launches $150 million fund to support startups based in China
  • Qualcomm launches $150M fund for Chinese startups
  • Focus on enhancing China’s mobile ecosystem and growth
06-Jun-2013 📚 Qualcomm Leads Series C Funding into a Chinese Online English Education Startup
  • Alo7 raises over $10M in latest funding round
  • 10M users and partnerships with Chinese schools

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