Brief: Qualcomm CEO - Our Two Near Term, Custom Silicon Wins Will Be Revenue Generating In The December Quarter - Conf Call

QUALCOMM Incorporated

29/07/2026 22:09

July 29 (Reuters) - Qualcomm Inc QCOM.O:
QUALCOMM CEO: OUR TWO NEAR TERM, CUSTOM SILICON WINS WILL BE REVENUE GENERATING IN THE DECEMBER QUARTER - CONF CALL
QUALCOMM CEO: HAVE BEGUN WAFER PRODUCTION ON CUSTOM SILICON - CONF CALL
QUALCOMM CEO: HAVE COMPLETED THE TAPE-OUT OF HBC GEN 1 - CONF CALL
QUALCOMM CEO: NOW EXPECT ANNUALIZED AUTOMOTIVE SALES OF APPROXIMATELY $7 BILLION EXITING FISCAL 26 - CONF CALL
QUALCOMM CEO: POSITION AT SAMSUNG REMAINS STRONG, WITH SNAPDRAGON POWERING APPROXIMATELY 70% OF THEIR FLAGSHIP DEVICES - CONF CALL
QUALCOMM CFO: EXPECT Q4 QCT HANDSET REVENUES TO BE APPROXIMATELY $5.2 BILLION - CONF CALL
QUALCOMM CFO: EXPECT Q4 QCT IOT REVENUES TO REMAIN APPROXIMATELY FLAT VERSUS THE YEAR AGO PERIOD - CONF CALL
QUALCOMM CFO: EXPECT APPROXIMATELY 60% YEAR-OVER-YEAR REVENUE GROWTH FOR QCT AUTOMOTIVE IN Q4 - CONF CALL
QUALCOMM CFO: ANTICIPATE NON-GAAP OPERATING EXPENSES TO BE APPROXIMATELY $2.7 BILLION IN Q4 - CONF CALL
QUALCOMM CFO: NOW ESTIMATE NON-HANDSETS AT MORE THAN 50% OF QCT REVENUES IN FISCAL 27  - CONF CALL
QUALCOMM CFO: NOW ESTIMATE NON-HANDSETS GROW TO APPROXIMATELY TWO-THIRDS OF QCT REVENUES IN FISCAL 29 - CONF CALL
QUALCOMM CFO: ANTICIPATE GROWTH IN NON-HANDSET REVENUES TO ACCELERATE FROM 24% IN FISCAL '26 TO GREATER THAN 60% IN FISCAL '27  - CONF CALL
QUALCOMM CFO: EXPECT GROWTH FROM NON-HANDSET REVENUES IN FISCAL '27 TO REPLACE TOTAL APPLE PRODUCT REVENUES IN '26 - CONF CALL
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