world’s largest chip maker recorded an increase of 43% in year-on-year earnings, with Apple and Samsung contributing a larger share of its revenue.
Since the majority of Qualcomm’s revenue comes from selling chips that go into mobile phones, and Apple and Samsung produce the most expensive phones in the world, accounting for 85% of all shipments.
by the first quarter of fiscal 2023, the world’s largest chip maker is expected to reach US$9.2-10 billion in revenue, with Apple and Samsung being on the frontline of her major sources.
Over the years, Qualcomm has been leading the chip industry.
Recently, it officially announced the latest Snapdragon 8 Gen 2 chip that sparked the mobile industry with exceptional promising features.