Industry Newsmobile socsautomotiveiotqualcomm
Qualcomm Forecasts Handset Revenue Decline, Growth In IoT
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5.1
Qualcomm faces near-term headwinds from smartphone memory shortages and projects a 15.1% decline in Handset revenue for 2026. Despite softness, the Snapdragon 8 Elite Gen 5 leads multi-core benchmarks, and Qualcomm expects Automotive and IoT segments to grow at 22% and 21% CAGRs through fiscal 2029, partially offsetting handset weakness.
Scoring Rationale
Moderate novelty and actionable segment forecasts drive score, limited by dependence on a single analyst and market uncertainty.
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