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.
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