Cryptocurrency Analysis and News Portal
Out of the 1,258 job cuts, more than 750 positions are from different levels of Qualcomm’s engineering ranks. The rest of the reductions cover a broad range of roles such as internal technical staff and accounting. American largest chipmaker Qualcomm Inc (NASDAQ: QCOM) will lay off about 1258 employees in its
Read More
Qualcomm Global Senior Vice President Cheng Lixin expressed optimism about the partnership, emphasizing its potential to accelerate the development of China’s metaverse. Chinese tech giant Baidu Inc (HKG: 9888) has announced a strategic partnership with Qualcomm Inc’s (NASDAQ: QCOM) local unit. This collaboration promises to propel the development of Extended Reality
Read More
Qualcomm is expected to supply Apple with Snapdragon 5G Modem-RF Systems for smartphone launches in 2024 through 2026. Apple Inc (NASDAQ: AAPL) will rely on an external supply of modern chips to manufacture modern smartphones that support the 5G network amid delays in in-house production. According to an announcement by Qualcomm
Read More
The automobile industry is becoming an increasingly important market for chipmakers such as Qualcomm as the number of electric vehicles and cars equipped with advanced driver assistance systems (ADAS) grows. American multination tech giant Qualcomm Inc (NASDAQ: QCOM) is looking at expanding its footprint in the automotive business through the acquisition
Read More
The company explained a 17-per cent drop in revenue by a tough macroeconomic environment and a “broad downturn” in the semiconductor sector. Semiconductors and wireless telecommunications products manufacturer Qualcomm Incorporated (NASDAQ: QCOM) has reported its earning for the second quarter (Q2) of 2023. Qualcomm has beaten analysts’ revenue forecasts, with $9.27 billion
Read More
Samsung, the Korean electronics company, has revealed it is working to build its own metaverse and extended reality devices, hinting at the possibility of the launch of a VR headset in the near future. TM Roh, head of Samsung mobile experiences business, stated that the device will be built in
Read More