Qualcomm Will Diversify Away From Handsets, Vinh Says

The video discusses the current weak demand for mobile phones, particularly in China and the broader Android ecosystem. It highlights a company's efforts to diversify away from smartphones, noting significant progress in non-handset markets like IoT and automotive. Despite challenges, the company plans to leverage cash flow to further diversify, including entering the PC market and pursuing acquisitions. The long-term vision includes maintaining a dominant share at Apple and adapting to economic conditions.

What is the current state of demand for mobile phones, particularly in China?

• Weak with slow recovery

• Declining but expected to recover soon

• Strong and rapidly recovering

• Stable and growing

What percentage of the company's revenue comes from non-handset markets?

• 30%

• 20%

• 10%

• 40%

Which industry has shown faster growth than the IoT and automotive sectors for the company?

• Retail

• Non-handset market

• Healthcare

• Telecommunications

What is Qualcomm's strategy to diversify away from handsets in the future?

• Focusing solely on smartphone innovation

• Expanding into the PC market and making acquisitions

• Increasing reliance on the Android ecosystem

• Reducing investments in non-mobile sectors

What is Qualcomm's expected approach once the macroeconomic environment stabilizes?

• Reduce investments in acquisitions

• Discontinue non-handset market efforts

• Focus on smartphone market only

• Become more active in acquisitions