{"id":874464,"date":"2024-11-08T07:09:47","date_gmt":"2024-11-08T01:39:47","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=874464"},"modified":"2024-11-08T07:16:44","modified_gmt":"2024-11-08T01:46:44","slug":"qualcomm-advances-on-smartphone-market-revival-chinese-handset-launches","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/08\/qualcomm-advances-on-smartphone-market-revival-chinese-handset-launches\/","title":{"rendered":"Qualcomm advances on smartphone market revival, Chinese handset launches"},"content":{"rendered":"<p>Qualcomm shares rose 4 per cent on Thursday after the chip designer&#8217;s strong quarterly revenue forecast fanned investor optimism about a China-led recovery in the smartphone market.<\/p>\n<p>The company, the biggest supplier of smartphone chips, will add around $8 billion to its market value, if the gains hold.<\/p>\n<p>It forecast both first-quarter sales and adjusted profit above market estimates on Wednesday, signaling the smartphone market was picking up after a tough 2023 as consumers upgrade devices for AI apps such as chatbots and image generators.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Qualcomm shares rose 4 per cent on Thursday after the chip designer&#8217;s strong quarterly revenue forecast fanned investor optimism about a China-led recovery in the smartphone market. The company, the biggest supplier of smartphone chips, will add around $8 billion to its market value, if the gains hold. It forecast both first-quarter sales and adjusted profit above market estimates on Wednesday, signaling the smartphone market was picking up after a tough 2023 as consumers upgrade devices for AI apps such as chatbots and image generators.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,4,35],"tags":[],"class_list":["post-874464","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-telecom-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/874464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=874464"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/874464\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=874464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=874464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=874464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}