Qualcomm Sees Non-Handset Revenue Exceeding 50% of QCT Sales in Fiscal 2027
Qualcomm said automotive, IoT and data center businesses are scaling rapidly and will account for more than half of QCT revenue in fiscal 2027.
Qualcomm is shedding its identity as a pure-play smartphone components vendor, its latest results on Wednesday showed.The chipmaker said non-handset business (Automotive, IoT, and Data Center) is scaling rapidly and will cross 50% of the total QCT revenue in fiscal 2027. QCT is Qualcomm CDMA Techno…