Qualcomm shows 4% revenue growth in Q1

Qualcomm MSM Chip Shipments forecast for Q1 2017Wireless chipset major Qualcomm said its revenue increased 4 percent to $6 billion in its fiscal first quarter ended December 25, 2016.

Qualcomm’s net income fell 54 percent to $0.7 billion.
Qualcomm supported device sales
On October 27, 2016, Qualcomm announced its agreement to acquire NXP Semiconductors for $38 billion.
3G an 4G device estimate for 2017 by Qualcomm

“The pending NXP acquisition accelerates our strategic transformation in the high growth areas of automotive, IoT, security and networking,” said Steve Mollenkopf, CEO of Qualcomm.

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