"Qualcomm CEO Amon Confident in Beating Auto Chip Sales Targets"

1 min read
Source: Bloomberg
"Qualcomm CEO Amon Confident in Beating Auto Chip Sales Targets"
Photo: Bloomberg
TL;DR Summary

Qualcomm's CEO Cristiano Amon stated that the company's foray into automotive chips is poised to surpass sales projections, aiding in reducing its dependence on mobile-phone electronics. The chipmaker aims to achieve approximately $4 billion in sales from its auto unit by 2026, with revenue expected to reach $9 billion by the end of the decade.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

1 min

vs 2 min read

Condensed

77%

23855 words

Want the full story? Read the original article

Read on Bloomberg