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The Latest Breaking News from Cristiano Amon

Qualcomm and Samsung are hurting from lower chip demand

Qualcomm FY Q2 2023 earnings underscore a struggling smartphone market.

Android Central · May 3, 2023

Qualcomm lays off more workers in San Diego amid smartphone sales slump

Qualcomm shaved 79 jobs from its San Diego headquarters last month as the mobile chip firm seeks to control expenses amid a slowdown in smartphone sales.

Tribune News Service · Mar 7, 2023

Qualcomm posts weaker results amid sluggish global smartphone demand

Global economic headwinds that began late last year continue to batter Qualcomm's financial results, with weak demand for smartphones and bloated inventories at manufacturers expected to linger at least through the first half of this calendar year.

Tribune News Service · Feb 3, 2023

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40% of CEOs say their companies won't be viable in 10 years if they stick to the 'current path'

A new survey reveals deep insecurity among many CEOs that the world is changing faster than their companies.

Fortune · Jan 17, 2023

Qualcomm's latest quarter is strong, but its outlook spooks investors

Qualcomm sidestepped the worst of global economic headwinds during its fiscal third quarter, posting better-than-expected financial results thanks to continued diversification of its mobile technologies beyond smartphones.

Tribune News Service · Jul 28, 2022

Qualcomm Readying Chip to Take On Apple's Newly-Unveiled M2 Processor, Says Analyst

Wireless telecom chipmaker Qualcomm, Inc. (NASDAQ: QCOM) is gearing up to take on Apple, Inc. (NASDAQ: APPL) with an improved chip.

Benzinga · Jun 9, 2022

Qualcomm Chief Sees Prospects In High-End Smartphones, Meta Partnership Thanks To Augmented and Virtual Reality

In an interview at the World Economic Forum, Qualcomm Inc (NASDAQ:QCOM) CEO Cristiano Amon talked about growth as consumers increasingly chased "better phones," Reuters reports. Qualcomm's share with devices like the Samsung Galaxy grew from 40% share to over 75%. Qualcomm's technology powers augmented and virtual reality devices, including those made by Facebook…

Benzinga · May 26, 2022

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Qualcomm delivers record Q2 revenue on share gains at Samsung and continued diversification beyond handsets

Qualcomm rung up record revenue and solid earnings for its fiscal second quarter — led by share gains at Samsung and momentum in its diversification strategy to drive mobile technology into new industries.

Tribune News Service · Apr 28, 2022

A national strategy for 5G?

A national strategy for 5G?

Incoming Qualcomm CEO Cristiano Amon warns of "consequences" for losing the 5G race.

Fortune · Feb 22, 2021

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