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In Q1 of its fiscal 2023, Qualcomm revenues were down but diversification strategy seems to be working Global macroeconomic headwinds, as well as weak demand and an inventory drawdown hitting the handset business, impacted Qualcomm’s Q1; the company reported a 12% year-over-year revenue decrease to $9.46 billion. However, Qualcomm reported revenue growth in its automotive […]
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