QCOM · News · 20260805N

Market Demand Trends

QUALCOMM INC/DE · 2026-08-05 · Importance 51 · Surprise 64

Qualcomm’s Handsets segment was reported down 20% year over year, indicating continued contraction in its core smartphone market. Automotive revenue increased 61% year over year, reflecting stronger demand for Qualcomm technologies in vehicle platforms. IoT revenue rose 9% year over year, providing additional diversification but not matching automotive’s growth rate. The company is targeting faster expansion in non-handset markets, including automotive, data centers, AI, and connected devices.

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