Qualcomm's China Tailwind: Analyst Sees Positives That 'Overwhelm' Apple Concerns

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Qualcomm's China Tailwind: Analyst Sees Positives That 'Overwhelm' Apple Concerns - Benzinga

Quick Summary:

"The positive in our view stems from the robust growth evidenced for Chinese smartphone OEMs in the most recent quarter… with Qualcomm benefitting from its high content opportunities".

Analyst Samik Chatterjee is betting that booming Chinese smartphone sales and Samsung share gains will drown out Apple-related worries, at least for now.

China's Smartphone Boom: A Win For Qualcomm