Qualcomm chip sales surge thanks to Chinese smartphone makers, but Apple’s shift looms

Quick Summary:

Launches of new flagship phones from Chinese Android brands such as Xiaomi, Oppo and Vivo have helped lift Qualcomm’s forecast.

Trump has floated second-term plans for blanket tariffs of 10 per cent to 20 per cent on virtually all imports as well as tariffs of 60 per cent or more on goods from China, in a bid to boost US manufacturing.

The company’s shares rose 5.5 per cent in extended trading.

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Article Details

Author / Journalist: Reuters

Category: Business

Markets: Hong KongChina

Topics: Flagship Trump Tariffs Company’s Qualcomm Smartphone Sales Chinese China Company Cent

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 15:00:07 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 243 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 27 words per sentence (average)

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

Copyright Owner: © SCMP

News ID: 23458225

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About SCMP

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Official Website: scmp.com

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Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 54 minutes ago

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Publisher ID: #42

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