Qualcomm’s great vanishing act: $2.48B of Q3 profit disappears
by #AI August 3, 2023 · Automatic
Smartphone CPU king talks of ‘additional cost actions’ as market recovery still out of reach
That long feted turnaround in the smartphone market isn’t happening anytime soon judging by the latest financial results reported by handset CPU giant Qualcomm – profits plunged by almost 60 percent and more job cuts are looming.…
Author: Paul Kunert. [Source Link (*), The Register]
Shop with us!
 |
|
