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

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. The moves helped the company deliver an upbeat forecast for the latest quarter, sending its shares up as much as 7.6 per cent in…

Article by [author-name] (c) Big Tech - South China Morning Post - Read full story here.

By | 2021-11-04T02:33:56+00:00 November 4th, 2021|Technology|Comments Off on Signs of global chip shortage easing seen in Qualcomm’s bright outlook and ability to find scarce parts