UPDATE 2-Qualcomm forecast beats estimates as diversification efforts pay off (Yahoo! Finance: Company News)

Yahoo! Finance: Company News
UPDATE 2-Qualcomm forecast beats estimates as diversification efforts pay off – Qualcomm Inc on Wednesday forecast better-than-expected profits and revenue for its current quarter on soaring demand for chips used in phones, cars and other internet-connected devices. The San Diego company, still the biggest supplier of chips for mobile phones, has worked to diversify its chip portfolio in recent years. Its …

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