Qualcomm ‘positive’ on Trump administration as it forecasts chip sales growth

Quick Summary:

Qualcomm CEO Cristiano Amon does not foresee problems competing for business in China, which accounts for 46 per cent of company revenue.

For now, Amon said Chinese firms are buying Qualcomm’s automotive chips, and that the last round of Trump tariffs on Chinese goods did not hurt Qualcomm.

Qualcomm CEO Cristiano Amon delivers a speech at the Web Summit in Lisbon, on November 12, 2024.

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Article Details

Author / Journalist: Reuters

Category: Technology

Markets: Hong KongChina

Topics: Chinese Amon Proposed Trump’s Tariffs Qualcomm Business Administration Qualcomm’s Revenue China

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 11:15:14 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 281 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 36 words per sentence (average)

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

Copyright Owner: © SCMP

News ID: 23712024

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