Qualcomm has published its financial results for the past quarter, and they look mightily impressive. During the October-December period, marked as Q1 2021 in the fiscal year of the chip company, revenue increased 62%, while net income soared 165% from $925 million to $2.455 billion. However during a call with investors, CEO Cristiano Amon warned the company is struggling to meet demand and the industry is facing a global shortage for the next six months. (in $ million) Fiscal Q1 2021 Fiscal Q1 2020 Change Revenue $8,235 $5,077 62% ...
Source: https://www.gsmarena.com/qualcomm_reports_massive_increase_in_income_warns_about_chip_shortage_in_h1_2021-news-47576.php
