Sean Kinney, Editor in Chief / RCR Wireless News
Qualcomm continues to grow automotive, IoT businesses – In Q1 of its fiscal 2023, Qualcomm revenues were down but diversification strategy seems to be working Global macroeconomic headwinds, as well as weak demand and an inventory drawdown hitting the handset business, impacted Qualcomms Q1; the company reported a 12% year-over-year revenue decrease to $9.46 billion. However, Qualcomm reported …
