
Qualcomm’s revenue dips 17% to $9.2B due to inventory, macroeconomics
Citing challenges in the macroeconomic environment and elevated channel inventory, Qualcomm reported quarterly revenues of $9.275 billion, down 17% compared to the same period…
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Qualcomm develops wireless communications technologies, semiconductors, software platforms, and AI solutions for smartphones, PCs, automotive systems, industrial devices, telecommunications networks, and edge computing environments. The company is expanding its AI portfolio from mobile devices into enterprise, networking, and data center infrastructure applications.
| Headquarters | San Diego, California |
| CEO | Cristiano Amon |
| Founded | 1985 |
| Primary Focus | Wireless Communications, AI Computing, Mobile Platforms, Connectivity Solutions |
| Key Platforms | Snapdragon, Dragonwing, Oryon CPU, Cloud AI Portfolio, Automotive Platforms |
Latest reporting

Citing challenges in the macroeconomic environment and elevated channel inventory, Qualcomm reported quarterly revenues of $9.275 billion, down 17% compared to the same period…

Qualcomm introduced the first 5G Advanced-ready Modem-RF System designed for 3GPP Release 17 and Release 18 and offering AI-powered optimizations to achieve better speeds,…

Qualcomm introduced its Snapdragon® X35 5G Modem-RF System, the first 5G NR-Light modem-RF system design for the gap in between high-speed mobile broadband devices…

Citing weaker handset demand and inventory drawdown, Qualcomm reported revenue of $9.463 billion for the first quarter of its fiscal 2023, down 12% compared…

An estimated 37% of the global population remains without access to high-speed internet and other digital technologies, according to an ITU white paper called…

Telstra, Ericsson claimed a new 5G download peak speed benchmark of 7.3Gbps for a single user. The result was achieved at a Telstra live…

Qualcomm Technologies introduced a Compact Macro 5G RAN Platform to address macro cell infrastructure for mobility and Fixed Wireless Access (FWA). Sampling is expected…

Qualcomm confirmed that its upcoming X100 5G RAN Accelerator Card and QRU100 5G RAN platform are now sampling with first customers. Commercial deployments from…

by James E. Carroll GlobalFoundries and Qualcomm Technologies announced a semiconductor manufacturing deal that extends through 2028. Specifically, the manufacturing agreement extends QGT’s U.S.…

Qualcomm has entered into a multi-year sponsorship deal with Manchester United. Financial terms were not disclosed. In addition to promotions for Manchester United fans…

Ericsson, Thales, and Qualcomm Technologies will conduct smartphone-use-case-focused testing and validation of 5G non-terrestrial networks (5G NTN). The goal of the testing will be…

Ericsson, OPPO and Qualcomm have tested 5G enterprise network slicing solution The pre-commercial trial used Ericsson’s Dynamic Network Slicing Selection, a recent addition to…

Qualcomm Technologies has acquired Cellwize Wireless Technologies Pte. Ltd. Financial terms were not disclosed. Cellwize, which is headquartered in Singapore with R&D in Israel,…
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