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Qualcomm Expects to Make $22 Billion by 2029 From Expansion Bid

Qualcomm Inc., the world’s biggest seller of smartphone processors, is expecting its push into new markets to generate an additional $22 billion in annual revenue by fiscal 2029. An expansion into automotive chips will generate $8 billion a year, and the Internet of Things category will provide an additional $14 billion, executives told investors Tuesday during a company presentation in New York....

Read more at bloomberg.com

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