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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 |
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12-Dec-2023 📈 Qualcomm hits $3.6b profit fueled by patent licensing
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20-Oct-2015 💡 Qualcomm India fund’s first pick: a startup aiming to use big data to stop epidemics
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10-Feb-2015 💼 Qualcomm settles monopoly charges in China with $975M payout
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24-Jul-2014 📈 Qualcomm launches $150 million fund to support startups based in China
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06-Jun-2013 📚 Qualcomm Leads Series C Funding into a Chinese Online English Education Startup
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