Qualcomm advances on smartphone market revival, Chinese handset launches

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Tech wrap Oct 22: Qualcomm SD 8 Elite chip unveiled, iOS 18.

It forecast both first-quarter sales and adjusted profit above market estimates on Wednesday, signaling the smartphone market was picking up after a tough 2023 as consumers upgrade devices for AI apps such as chatbots and image generators.

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Category: BusinessFinance

Markets: IndiaChinaTaiwan

Topics: Qualcomm revenue China mobile demand Qualcomm growth Chinese smartphones market

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 23:26:02 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 429 words

Reading Time: 3 minutes read

Sentences: 11 lines

Sentence Length: 39 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23464202

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Official Website: business-standard.com

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