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Android Central
Android Central
Technology
Nandika Ravi

Qualcomm's Q2 earnings 'exceed expectations' with a 15% revenue increase

The Snapdragon logo sitting above water in a pool next to the ocean in Maui.

What you need to know

  • Qualcomm saw a great second quarter with its revenue up by 15%, totalling 10.8 billion.
  • QCT's revenue was up by a massive 18% YoY, totalling $9.5 billion, which was specifically driven by growth in handsets, automotive, and IoT.
  • Qualcomm expects to make somewhere between $9.9 billion and $10.7 billion in the next quarter.
  • "We do not see any material direct impact on us at this point," Qualcomm said, speaking about the volatile global trade environment
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