"Qualcomm CEO Amon Confident in Beating Auto Chip Sales Targets"
Originally Published 2 years ago — by Bloomberg
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.