Qualcomm Phone Sales Target In 2022 Is Lower Than Early Expectations

 

Qualcomm today shared their targets and forecasts for 2022, saying smartphone sales in 2022 are lower than previously expected.

As many know, Qualcomm provides processing chips for a number of manufacturers – and with the slow market movement, it also affects their business.

Qualcomm is targeting the possibility of a decline in phone sales in 2022 until it reaches a double-digit percentage.

This reduction is due to several factors, including due to the less stable economic conditions, making consumers spend less to change devices.