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Qualcomm forecast beats estimates as AI revives smartphone market, ET Telecom

Qualcomm: "Recently launched flagship Android devices powered by Snapdragon 8 Gen 3 are seeing strong demand globally, especially in China," Chief Executive Cristiano Amon told analysts on a conference call. ....

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Qualcomm warns of sales hit from cooling smartphone demand

The company now expects smartphone sales to fall 5% this year, compared with its prior outlook for flat growth. IDC had projected a 3.5% drop in smartphone shipments. ....

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