Technology

Signs of global chip shortage easing seen in Qualcomm’s bright outlook and ability to find scarce parts

Signs of global chip shortage easing seen in Qualcomm’s bright outlook and ability to find scarce parts

For investors looking for signs that the global semiconductor shortage is near an end, Qualcomm Inc offered some solace: though problems are expected to persist until next year, the chip maker is now more adept at getting its hands on scarce parts. Qualcomm has farmed out production of certain products to multiple manufacturers, helping ensure it has enough supplies.

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