Qualcomm (QCOM) CEO says going forward, our plan assumes global handset units will remain flat to down in calendar 2027
ORIGINAL · NewsquawkQualcomm (QCOM) CEO says going forward, our plan assumes global handset units will remain flat to down in calendar 2027Read originalHide original
Says: June quarter was a low point for its China Android business, which returns to sequential growth in fiscal Q4. Targets USD 40bln of non-handset revenue by fiscal 2029, including over USD 15bln from data centres. Dragonfly C1000 CPU remains on track to ship to Meta as scheduled.
Qualcomm’s CEO cited a flat-to-down handset-unit planning assumption for 2027, China Android sequential growth in fiscal Q4, fiscal 2029 revenue targets, and a scheduled Meta shipment.
News detail
Says: June quarter was a low point for its China Android business, which returns to sequential growth in fiscal Q4. Targets USD 40bln of non-handset revenue by fiscal 2029, including over USD 15bln from data centres. Dragonfly C1000 CPU remains on track to ship to Meta as scheduled.
Related stocks
2 stocks
What do investors think?
StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.