💨 Abstract

Qualcomm, a leading mobile phone chipmaker, is optimistic about the incoming US administration and not concerned about proposed tariffs on China, as it derives nearly half its revenue from China. The company expects $22 billion in revenue over the next five years from areas beyond smartphones, including laptops, cars, and other products. Qualcomm executives have a positive relationship with the Trump administration and expect to maintain engagement.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖