#Cristiano Amon
Text
Xi Meets US CEOs, Seeking to Boost Confidence in China’s Economy
President Xi Jinping met with a group of American business leaders in Beijing including Blackstone Inc.’s Stephen Schwarzman and Qualcomm Inc.’s Cristiano Amon as China is seeking to restore confidence in the economy and keep relations with the US on a stable footing.
The Chinese leader on Wednesday met with representatives from American business, strategic and academic communities. State…
View On WordPress
#beijing#BLACKSTONE INC#China#Cristiano R Amon#Executives#Foreign affairs#Jinping Xi#politics#Qualcomm Inc .#Steve Schwarzman#Washington
0 notes
Text
Qualcomm Inc as of the shareholder record $QCOM #QualcommIncasoftheshareholderrecord
Qualcomm Announces Increase in Quarterly Dividend Following Strong Growth in Connectivity Innovations SAN DIEGO - Qualcomm Incorporated (NASDAQ: QCOM) has announced that its Board of Directors has approved a substantial increase in the company*s quarterly cash dividend, from $0.80 to $0.85 per share of common stock. This decision reflects Qualcomm*s continued success and growth in the field of connectivity innovations. The dividend increase will take effect for dividends payable after March 21, 2024, raising the annualized dividend payout to $3.40 per share of common stock. Cristiano Amon, President and CEO of Qualcomm Incorporated, expressed satisfaction with the decision, stating, We are pleased to announce an increase in our quarterly dividend, which reflects the resiliency and growth of our connectivity innovations. https://csimarket.com/stocks/QCOM-Dividend-Comparisons.html?utm_source=dlvr.it&utm_medium=tumblr
0 notes
Text
Qualcomm Exceeds Analyst Expectations in Q1 Earnings Report
Handset Chip Sales Surge 16% Year Over Year
In a fiscal first-quarter report released on Wednesday, Qualcomm outperformed analysts’ expectations, propelled by a robust 16% year-over-year increase in sales of handset chips. While Qualcomm’s shares dipped slightly by more than 1% in extended trading, the company’s positive performance in chip sales marked a notable achievement.
Fiscal Overview and Expectations for the Current Quarter
Qualcomm reported a 24% rise in net income for the quarter, reaching $2.77 billion, or $2.48 per share, compared to $2.24 billion, or $1.98 per share, in the same period the previous year. Despite this impressive result, Qualcomm’s shares experienced a minor decline in after-hours trading.
For the ongoing quarter, Qualcomm anticipates adjusted earnings between $1.73 and $1.93 per share, with a revenue forecast ranging from $8.9 billion to $9.7 billion. These projections fell short of consensus expectations, as reported by LSEG, which estimated earnings at $2.25 per share on revenue of $9.3 billion.
Qualcomm’s Diverse Chip Technology Applications
Widely recognized for its smartphone chip manufacturing, Qualcomm, under CEO Cristiano Amon, has been strategically expanding its chip technology into various markets beyond smartphones. This includes applications in PCs, automobiles, and virtual reality headsets. While the global smartphone market has faced challenges in recent years, Qualcomm remains a significant player.
During the December quarter, the company recorded the shipment of $6.69 billion in handset chips, reflecting a substantial 16% increase from the previous year. The positive momentum in handset chip sales indicates a potential stabilization in the smartphone market after a two-year decline. Qualcomm expressed optimism, expecting global handset sales to remain flat year over year.
Diversification Efforts and Future Prospects
Qualcomm’s efforts to diversify its business beyond smartphones have manifested in its Internet of Things (IoT) segment, which saw a 32% sales decline to $1.13 billion. However, the company remains committed to leveraging its chip technology in the automotive sector, reporting a 31% increase in sales for its nascent automotive business, reaching $589 million.
Its overall chip sales business, encompassing automotive, IoT, and handsets under QCT, achieved $8.42 billion in revenue during the quarter, reflecting a commendable 7% annual growth. The licensing business, QTL, reported $1.46 billion in revenue, experiencing a modest 4% annual decline.
Strategic Outlook and Shareholder Returns
Looking ahead, Qualcomm continues to focus on selling chips to automakers, a strategy expected to unfold over several years due to the industry’s regulatory complexities. The company’s commitment to innovation and growth is underscored by significant investments, including $800 million in share repurchases and $900 million in dividends during the quarter.
In a call with analysts, CEO Cristiano Amon revealed that Apple has agreed to extend its patent licensing agreement through March 2027, highlighting the company’s collaborative partnerships and commitment to long-term business relationships.
Curious to learn more? Explore our articles on Enterprise Wired
#Qualcomm#earningsreports#TechInnovation#businessgrowth#technews#mobiletechnician#innovation#NewsUpdate
0 notes
Text
掌上AI谁在主宰？一个无线巨头蜕变，火力全开
在高通CEO Cristiano Amon看来，营收、净利润双降的高通，已在不得不变的关头，生成式AI兴起之际，正是高通变革之时。
0 notes
Text
OnePlus Celebrates a Decade of Flagship Innovation at 10th Anniversary Event
<h2>OnePlus Celebrates 10th Anniversary with "Fuel the Fire" Event</h2>
<p>On December 4th, OnePlus held its "Fuel the Fire" night talk event to celebrate 10 years, with the theme "Meeting Again." At the event, OnePlus founder Liu Zuohu said over the past decade, OnePlus has consistently focused on user value by creating flagship-level products. Looking ahead, he hopes more people can experience OnePlus' quality products.</p>
<p>When discussing the upcoming OnePlus 12, Liu Zuohu emphasized it will surpass all other Snapdragon 8 Gen3 devices. Representing 10 years of progress in flagships, OnePlus 12 will apply pioneering technologies to set new standards for displays, cameras, brightness, and design.</p>
<p>Qualcomm President Cristiano Amon also spoke, congratulating OnePlus on its anniversary. He affirmed OnePlus 12's performance and looks forward to deepening cooperation to deliver leading technology through their products.</p>
<h3>Focus on High Quality and User Experience</h3>
<p>Liu Zuohu stressed the importance of "making good products." In the early days, few brands prioritized quality over specs and prices. OnePlus exists to thoughtfully design for users seeking the best. Products like the innovative OnePlus 1 and smooth OnePlus 7 Pro set experience-driven standards.</p>
<p>He recognizes perfection is impossible, but not compromising means constant pursuit of better quality. OnePlus accepts limitations while believing in its ability to innovate and optimize each device.</p>
<h3>Global Reach and Dedicated Community</h3>
<p>With a loyal following worldwide, OnePlus events draw large crowds wherever they occur. Some fans travel long distances to be the first to try new releases or reconnect with the community offline. Liu Zuohu sees this as recognition of OnePlus' user-centered culture.</p>
<p>Good products transcend boundaries. While celebrating diversity, OnePlus designs for universal appreciation of quality regardless of location.</p>
<h3>Continued Focus on Flagships</h3>
<p>Contrary to assumptions, OnePlus has never abandoned high-end phones through innovations like the OnePlus 1. While expanding its Ace series for mainstream buyers, flagships like the OnePlus 7 Pro continue pioneering. Two product lines now exist - numbered for cutting-edge technology and Ace for popularizing premium experiences.</p>
<h3>OnePlus 12 as a 10th Anniversary Gift</h3>
<p>Liu Zuohu expressed excitement for OnePlus 12, calling it their greatest gift yet. By surpassing all Snapdragon 8 Gen3 devices, OnePlus 12 represents the culmination of a decade's progress. Partnering with BOE and using OPPO's imaging, it will impress with twin 2K displays, performance, connectivity and battery life.</p>
<p>Cristiano Amon affirmed OnePlus 12's capabilities, looking forward to their enduring partnership driving innovation. In conclusion, Liu Zuohu reiterated OnePlus' commitment to pushing boundaries and continuously improving the user experience through high-quality products.</p>
0 notes
Text
Qualcomm Hopes to Join SoftBank's Arm IPO and Acquire Stake
According to a Bloomberg report, Cristiano Amon, CEO of Qualcomm, told the Financial Times of the UK that the company hopes to participate in Arm's upcoming initial public offering (IPO) organized by SoftBank Group and purchase some shares.
Earlier this year, Nvidia's $40 billion acquisition of Arm failed. In response, SoftBank decided to list Arm on the stock market. Reports indicate that SoftBank will seek at least $60 billion valuation for Arm in this IPO. Amon said that Qualcomm is interested in co-investing with competitors and may directly acquire Arm together with other companies if the acquisition consortium is large enough.
Amon's statement provides new momentum for the idea of chip manufacturers forming a consortium to become anchor investors of Arm. Intel CEO Pat Gelsinger indicated earlier this year that the company might support such a move.
Amon said that with multiple companies investing together to acquire Arm, it could help Arm remain neutral with shared access for all. He noted that Qualcomm has not had any communications with SoftBank about investing in Arm.
1 note
·
View note
Text
Will Qualcomm Challenge Nvidia's Plan to Acquire Arm Holdings?
<h3>Qualcomm CEO Opposes Nvidia's Acquisition of Arm</h3>
<p>According to a June 14th message, Nvidia's acquisition of Arm is regarded as the largest acquisition in the history of the semiconductor industry. Qualcomm President and incoming CEO Cristiano Amon has repeatedly expressed opposition to the acquisition in the past.</p>
<p>According to the British newspaper Daily Telegraph, Amon recently reiterated that if SoftBank decides to take Arm public rather than sell it to Nvidia, Qualcomm will join other companies in the industry to acquire shares of Arm.</p>
<p>"If Arm has an independent future, many companies in the industry would be interested in investing in Arm," Amon said.</p>
<p>When acquiring Arm in September 2020, Nvidia said it hoped to combine Nvidia's AI technologies with Arm's complete ecosystem to provide customers with the best technical services. At the same time, Nvidia will provide new technologies to all of Arm's customers to help Arm's ecosystem continue to develop in the AI era and gain an advantage over competition with Intel's x86 architecture, rather than only a few giant companies like Qualcomm can use Arm's new technologies.</p>
<p>Amon does not agree with Nvidia's remarks. He believes that Arm has already gained an advantage over Intel's x86 competition. He believes that the reason why the Arm architecture ecosystem thrives and maintains the current healthy competition is because Arm is an independent company, and Nvidia's acquisition may disrupt the current industry balance. If Arm is acquired, its architecture will not be included in Qualcomm's next-generation chip blueprint, and Qualcomm will formulate new backup plans for transition.</p>
<p>Currently, Nvidia's acquisition of Arm does face some obstacles. There are reports that government agencies including China's State Administration for Market Regulation and the US Federal Trade Commission (FTC) will investigate this acquisition, and it is expected to take a not inconsiderable amount of time.</p>
1 note
·
View note
Link
The use of Snapdragon 8 Gen 3 in the Galaxy S24 was confirmed by Qualcomm Yesterday, while summing up financial results for the fourth fiscal quarter of 2023 (and it turned out to be far from outstanding - the company's revenue fell by 24% year-on-year to $8.63 billion), Qualcomm CEO Cristiano Amon revealed a “secret” : He said that Samsung smartphones in the Galaxy S24 line will use the Snapdragon 8 Gen 3 single-chip system. But there is a nuance. [caption id="attachment_79387" align="aligncenter" width="780"] Samsung Galaxy S24[/caption] Samsung Galaxy S24 smartphones will receive Snapdragon 8 Gen 3, but there is a nuance The head of Qualcomm said that the proprietary SoC will be used in “most” Galaxy S24. And this is much more interesting: in fact, the top manager confirmed the rumor that some of the Galaxy S24 and Galaxy S24 Plus models will use Samsung’s own single-chip system – Exynos 2400. Let us remember that the current line of Samsung flagships uses only Snapdragon 8 Gen 2 - the company did this deliberately, since the alternative SoC of Samsung’s own design could not provide a similar level of performance. Interestingly, according to the first tests, the Exynos 2400 is noticeably inferior to the Snapdragon 8 Gen 3, but it seems that this time the performance factor no longer bothers Samsung.
#Android#Mobile_Innovation#Samsung_Galaxy#Samsung_Galaxy_features#Samsung_Galaxy_Note_series#samsung_galaxy_s_series#Samsung_Galaxy_specifications#Samsung_Knox#Samsung_One_UI#smartphone#smartphone_technology
0 notes
Text
Qualcomm’s Strategic AI Partnerships with CNBC
How Qualcomm is attached for AI performance right now, according to CNBC
For two days, Qualcomm hosted CNBC, giving them access to various labs and an inside look at the design and testing of Qualcomm Technologies‘ chipsets, which are found in smartphones, headsets, computers, wearables and cars. CNBC spoke with our President & CEO Cristiano Amon and Senior Vice President & GM, Mobile Handset (Qualcomm Technologies, Inc.), Chris Patrick.
The discussion covered a wide range of topics, but it began with a lesson in history before moving on to our growth strategy to diversify outside mobile, our wager that generative AI will be highly sought-after on devices, and other topics.
expert study of AI, plus more
CNBC spoke with prominent industry analysts who provided commentary on Qualcomm’s management as part of their piece.
According to Dan Newman, CEO of Futurum Group, betting on Qualcomm
It’s difficult to bet against a business that supplies the technology found in nearly every phone and everyday object we use.
And Newman continued, “That’s taking time but these design successes are suggestive of a future, they do create more certainty and profitability. Additionally, the biggest automakers in the world are increasingly using the company’s technology for at least a portion of their automated connected car stack.
Jay Goldberg, a partner at D2D Advisory, added in response to the computing potential,
Qualcomm Technologies actually has a really solid answer for generative AI, if it turns out that consumers really want that feature in their laptops. As a result, this might be Qualcomm Technologies’ one-and-only chance to enter the PC industry.
Regarding the opportunity presented by artificial intelligence (AI), Newman continued, “The company’s biggest opportunities are to identify the applications of AI, whether they relate to augmented reality, intelligent vehicles, next-generation gaming, productivity tools, or other tools and apps.
Its capacity to incorporate chipsets capable of managing and processing those various workloads into these devices. Of course, being able to make money off of that.
Qualcomm’s commitment to diversity
Amon and Patrick spoke about a variety of subjects, including artificial intelligence (AI), cars, augmented reality (AR), and more:
Amon remarked on our lengthy experience with AI.
About ten years ago, we had the vision to predict that AI would become extremely important. Therefore, for more than ten years, we’ve been working on ways for you to run AI on your phone just as you do everything else.
He continued, “You’re running massive amounts of computation in a data centre for every word that is generated,” in reference to the potential for on-device AI. We have a very special ability to run those models locally, in my opinion. Additionally, you dramatically reduce expense while simultaneously enhancing performance.
He said, “That’s our brightest spot in our Qualcomm differentiation strategy” in reference to the automotive sector. We have greatly increased our presence over a period of, oh, three to four years.”
in the Microsoft has We are the preferred partner with Meta, we’ve worked with Microsoft, we’ve worked with Google, and we’ve worked with Samsung, and we’ve also added that augmented reality is the upcoming computing platform. Therefore, we think it will be a chance. Although it’s difficult to predict when everyone will purchase glasses, we can be confident that they will be the upcoming computer platform.
Patrick stated of our leadership, “There is a very strong probability that Qualcomm is at the centre of the things that you love, that you use every day. “We’ve taken all these technologies that we’ve built,” he continued, “and we apply it not just to mobile phones but to VR headsets, to AR headsets, to computing, to automotive.”
0 notes
Text
CEO de Qualcomm dice que la Inteligencia Artificial potenciará teléfonos inteligentes
El presidente ejecutivo de Qualcomm , Cristiano Amon, dijo que su compañía ha estado trabajando en chips de alto rendimiento que pronto ayudarán a potenciar las aplicaciones de inteligencia artificial generativa en los teléfonos inteligentes.
Amon dijo que, tan pronto como el próximo año, algunos modelos de teléfonos inteligentes con chips de Qualcomm pueden tener el poder de usar aplicaciones…
View On WordPress
0 notes
Text
Qualcomm: RT Ed Ludlow: In this video, Cristiano Amon was explaining how Qualcomm can run 1.5B parameter LLM-powered generative AI on device, in aerop...
http://dlvr.it/Sr5Fqd
0 notes
Text
QUALCOMM Incorporated (QCOM) Q2 2023 Earnings Call Transcript
QUALCOMM Incorporated (NASDAQ: QCOM) Q2 2023 Earnings Call dated May. 03, 2023
Corporate Participants:
Mauricio Lopez-Hodoyan — Vice President, Investor Relations
Cristiano R. Amon — President and Chief Executive Officer
Akash Palkhiwala — Chief Financial Officer
Analysts:
Samik Chatterjee — J.P. Morgan — Analyst
Matt Ramsay — TD Cowen — Analyst
Mike Walkley — Canaccord Genuity — Analyst
Stacy…
View On WordPress
0 notes
Text
Qualcomm (QCOM) Earnings Report Q2 2023
Qualcomm reported second-quarter earnings on Wednesday that were in line with analysts’ expectations but sales from handset chips, the company’s core business, declined 17% year-on-year.
Qualcomm CEO Cristiano Amon blamed a challenging environment in a statement, and the company said it hasn’t seen evidence that smartphone sales in China are recovering.
Cristiano Amon, President and CEO of…
View On WordPress
0 notes
Text
Apple: Produção de modem 5G próprio começa já este ano
Na MWC em Barcelona este ano, o CEO da Qualcomm, Cristiano Amon, confirmou que a Apple começará a usar um modem próprio a partir de 2024. As observações de Amon ecoaram o que já tinha sido conhecido por membros da indústria e foram ainda mais reforçadas por outras fontes. Esta notícia pode ser uma surpresa, […]
View On WordPress
0 notes
Text
The rise of ChatGPT is a chance to establish Qualcomm as an A.I. company: CEO
The explosive popularity of ChatGPT is an opportunity to show off the capabilities of artificial intelligence on smartphones, according to chip company Qualcomm‘s chief executive.
“This is the milestone we’ve been waiting for to establish Qualcomm as an AI company,” Cristiano Amon told CNBC at the Mobile World Congress in Barcelona.
Developed by research company OpenAI, chatbot ChatGPT has been…
View On WordPress
0 notes
Last Seen Blogs
aljanah110
سحابه
hypnos333
Hypnos
littleflowermaiden
No longer here
wedigitalca-blog
Digital CA
knitmeapony
Knit Me A Pony: Status Message Here