Qualcomm CEO Cristiano Amon Talks Earnings, Expansion
Feb 1, 2024
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Listen to Bloomberg Technology hosts Ed Ludlow and Caroline Hyde as they talk to Cristiano Amon, CEO of Qualcomm. Amon discusses concerns about inventory, the expansion of business in China, and the future use cases of generative AI in phone models.
Qualcomm CEO discusses the positive outlook for smartphones, highlighting resilience in the premium tier and the excitement around early Gen AI use cases.
Qualcomm's focus on diversification into automotive and industrial sectors contributes to its expanding business in China, despite Huawei's expansion.
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Qualcomm's Positive Outlook and Business Expansion in China
Qualcomm CEO, Cristiano Ammon, discusses the positive outlook for Qualcomm, particularly in the smartphone sector. The premium tier of smartphones has shown resilience, reflecting consumer preference for better devices, and the early signs of Gen AI use cases have created excitement. In China, Huawei's expansion has not negatively impacted Qualcomm, as its customers hold share and find opportunities in the premium tier. Qualcomm's focus on diversification into automotive and industrial sectors also contributes to its expanding business in China.
CEO of Qualcomm Cristiano Amon clears up concern over inventory, discusses expanding business in China and looks ahead to early use cases of generative AI in future phone models. He speaks with Bloomberg Technology hosts Ed Ludlow and Caroline Hyde.