Friday, 24 March, 2023

Qualcomm records $10.7B in sales, eyes IoT, Metaverse space

<p>Qualcomm reported a record revenue of $10.7B in the December quarter of 2021. The chipmaker maintained its strong momentum in IoT, with revenue growth of 41% year on year across consumer, edge networking, and industrial. Furthermore, as the metaverse opportunity materialises, the chipmaker maintains its industry leadership position in VR and AR devices in collaboration with key ecosystem players such as Meta and Microsoft.</p>