Bloomberg Talks
Qualcomm President/CEO Cristiano Amon Talks New Markets and Future Revenue
Nov 20, 2024
Cristiano Amon, President and CEO of Qualcomm, shares insights on diversifying the company's focus beyond smartphone chips into automotive and IoT markets. He discusses projected revenue growth of $22 billion by 2029 and the importance of capitalizing on technology demand in vehicles. Amon also navigates the complexities of the semiconductor sector in China amidst geopolitical tensions, emphasizing Qualcomm's resilience. He reassures investors about strategic shifts away from Apple, exploring new opportunities in AI and premium devices.
12:49
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Qualcomm aims to generate an additional $22 billion in revenue by targeting automotive chips and the Internet of Things markets.
- Despite risks like market cyclicality, Qualcomm remains optimistic about growth in premium smartphone sales and new markets.
Deep dives
Leveraging Data for Marketing Strategy
In a data-driven marketing landscape, having access to reliable data is crucial for crafting effective strategies. Organizations can utilize platforms that provide marketing intelligence to understand the behavior and preferences of their target audience, which in turn informs their marketing efforts. By leveraging real-time insights, brands can make informed decisions that directly drive growth. This approach ensures that businesses remain competitive by aligning their offerings with market demands.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
