Technology

Qualcomm reports blowout quarter as 5G momentum grows

Qualcomm reports blowout quarter as 5G momentum grows

Qualcomm cashed in on the momentum around the rollout of faster 5G smartphones during its fiscal fourth quarter, posting strong financial results that beat Wall Street analysts’ expectations. The San Diego cellular technology giant — a leader in 5G smartphone processors and intellectual property — said Wednesday that it benefited from a host of 5G trends during the quarter.

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