A little less than three months after laying out its 10-year growth plan at an investors event, Qualcomm this week report a record first quarter with year-over-year revenue growth in handsets, RF front-end, automotive and the internet of things (IoT). Qualcomm is following what CEO Cristiano Amon has described how the firm’s unified technology roadmap is applicable to Android smartphones “as well as enabling the connected intelligent edge, which is driving digital transformation for the cloud-connected economy.”
By the numbers, Qualcomm reported total revenue of $10.7 billion in the first quarter of fiscal year 2022, up 30% from the same quarter last year. Net income was $3.4 billion, up from $2.5 billion year-over-year.
