Wednesday, November 3, 2021

g-f(2)627 THE BIG PICTURE OF THE DIGITAL AGE (11/3/2021), WSJ, Qualcomm Posts Record Sales Amid Surging Demand for 5G Smartphones


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"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital ageDigital Transformation, 5G Smartphones (11/3/2021)  g-f(2)426 


Opportunity, WSJ


Qualcomm Inc. posted record quarterly sales and forecast further growth amid surging demand for 5G smartphones in the face of supply-chain constraints.
  • The mobile-phone chip giant, whose processors are in many new 5G handsets, said sales rose 12% to $9.3 billion in its fiscal fourth quarter, generating a $2.8 billion profit, exceeding Wall Street expectations. The sales jump came even after the year-ago figure was boosted by a one-time payment of $1.8 billion from a prior licensing settlement with Chinese phone giant Huawei Technologies Co.


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          Lessons learned, WSJ


          • Chief Executive Cristiano Amon, who took the top job in June, said steps the company has taken to assure parts supplies are starting to deliver results and should ease bottlenecks over the coming months.
          • The first part of 2022, he said, will still see shortages. “But as we get to the second part of the year, I think, in general, supply and demand are going to be aligned,” he said on an earnings call.


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          Lessons learned, WSJ


          • Mr. Amon has been pushing the company to grow beyond its traditional mobile-chip business. The company closed the fiscal year with combined revenue topping $10 billion for some of its non-handset growth businesses, including those focused on the automotive sector and internet-of-things devices.
          • Apple Inc., a Qualcomm customer, last week warned that supply-chain disruptions would become increasingly challenging during the important holiday-shopping quarter.
          • The company expects 500 million to 550 million shipments of 5G handsets this year. In the prior quarter, it said it had an upward bias for shipments in the range of 450 million to 550 million units.



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                • Category 2: The Big Picture of the Digital Age
                • [genioux fact deduced or extracted from WSJ]
                • This is a “genioux fact fast solution.”
                • Tag Opportunities those travelling at high speed on GKPath
                • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
                • Type of validity of the "genioux fact". 

                  • Inherited from sources + Supported by the knowledge of one or more experts.


                References


                “genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)627, Fernando Machuca, November 3, 2021, blog.geniouxfacts.comgeniouxfacts.comGenioux.com Corporation.


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