Qualcomm forecasts strong Q1 as Apple ramps up 5G iPhone models


Qualcomm is supplying a broad swath of phone makers beyond Apple with 5G chips, which is driving revenue and profit growth

NEW YORK: Qualcomm Inc forecast fiscal first-quarter revenue above Wall Street estimates on Wednesday, as it ramps up chip sales for Apple Inc's 5G iPhone models.

Qualcomm's shares were up 14% in extended trading.

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Qualcomm , Apple , Huawei , 5G ,

   

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