At the chip concier Qualcomm, the interest in rapid 5G data radio provides for rapid growth. In the past quarter, sales rose by 65 percent year-on-year to 8 billion US dollars. The profit also jumped from $ 845 million (715.5 million. Euro) a year ago on last good two billion dollars high.
However, this is a comparison with a weak quarter after consultation of borse experts, like CNBC notes. In the second quarter of 2020, the chip developer recorded lower demand due to the coronavirus pandemic. Qualcomm is strongly in the business with 5G modems, with which the Californian company also supplies Apple’s iPhones. Also, the main chips of many smartphones with Google’s operating system Android from Qualcomm.
Qualcomm achieves 80 percent of its turnover with the selling of these chips. Here, the revenue at the last year has increased by 70 percent to $ 6.47 billion, as Qualcomm announced after US Borsen’s deadline on Wednesday. Groomed growth in the semiconductor area recorded Qualcomm with modem chips, for example for 5G mobile radio. Sales increased by 114 percent to $ 957 million.