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International Business Times
International Business Times
Business
Ann Resuma

Qualcomm Targets $4B In PC Chip Sales, $22B Annual Revenue From New Markets By 2029

Qualcomm Cristiano Amon Apple
In a battle to gain foothold of the emerging hands-free driving market, Qualcomm tops Magna’s bid to buy Veoneer. (Credit: Creative Commons)

Qualcomm is aiming to achieve approximately $4 billion in sales from PC chips by 2029 as it seeks to broaden its product offerings beyond the mobile sector.

During its investor day on Tuesday, the leading smartphone chip manufacturer announced its expectation of generating an additional $22 billion annually from new markets by 2029, with roughly $4 billion anticipated from PC chips.

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