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Sunday, May 17, 2020

5G Rollout is Proceeding Well

What will the implications be for broad rollout of 5G?

Qualcomm President: 5G Rollout Is Doing Just Fine

Qualcomm has spent three decades working on the next big thing in wireless. The company’s sales peaked at $26.5 billion in 2014, as fourth-generation, or 4G, phones came of age. Now the smartphone chip maker is waiting for a new, 5G peak. It’s coming. Qualcomm expects 175 million to 225 million 5G handsets to be sold worldwide this year, even amid the Covid-19 pandemic. Wall Street expects Qualcomm’s revenue to hit $28 billion in 2022.

Barron’s recently spoke with Qualcomm (ticker: QCOM) President Cristiano Amon, a 25-year veteran of the company, about the much-anticipated 5G rollout, global technology competition, and the coronavirus.   ... " 

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