Qualcomm’s 2011 Q3 financial report, which was just released, shows that Qualcomm’s MSM chip shipments reached 120 million units this quarter, an increase of 17% from the same period last year. This also means that Qualcomm’s chip shipments are as high as nearly 1.3 million units per day.
2011 revenue is expected to increase to 15 billion US dollars this quarter, Qualcomm's company revenue of 3.62 billion US dollars, an increase of 34% over the same period last year, a new record high revenue. Due to the rapid growth in revenue for the quarter, Qualcomm once again raised its revenue forecast for fiscal year 2011 to US$15 billion after raising its revenue forecast for the 2011 fiscal year in the second quarter.
Bill Davidson, senior vice president of Qualcomm, said in an interview with the media, “An important reason for Qualcomm's growing revenue and performance is the rapid growth of smart phones, and we once again confirmed to the market the previous expectations, based on CDMA technology in 2011. Terminal shipments will be around 775 million."
According to Gartner's data, in the first quarter of 2011, global smart phone sales exceeded 100 million units, an increase of 85% compared to the same period last year.
In many smart phones, Qualcomm Snapdragon chip is the most choice of terminal operators. Currently, the number of terminals using Qualcomm's Snapdragon chips has been used commercially in more than 125 models, and there are about 250 models in the design and production process.
In addition, up to now, 10 terminals using Qualcomm's dual-core Snapdragon chips have been commercialized or released, and more than 100 models are currently under development and design. Of the ten tablet computers that have been released or commercially available, four are using dual-core MSM8660 chips.
20% of annual revenue is invested in technology research and development Qualcomm is the first semiconductor manufacturer to launch LTE chip products, and also supports LTE TDD and LTE FDD.
So far, on the global scale, 24 LTE commercial networks have been launched, and 218 operators are currently preparing or preparing to invest in LTE networks in 81 countries. According to third-party statistics, 137 LTE terminals that are currently in commercial use or in the production process have reached 137 models. These products come from 42 manufacturers.
Bill Davidson said that in terms of LTE, Qualcomm has invested the most in R&D. In terms of manpower, the LTE R&D team is currently Qualcomm’s largest R&D team. In terms of financial resources, Qualcomm invests more than 20% of its revenue in technology research and development every year, and large-scale continuous R&D investment is the key to maintaining Qualcomm's leadership in technology and products.
2011 revenue is expected to increase to 15 billion US dollars this quarter, Qualcomm's company revenue of 3.62 billion US dollars, an increase of 34% over the same period last year, a new record high revenue. Due to the rapid growth in revenue for the quarter, Qualcomm once again raised its revenue forecast for fiscal year 2011 to US$15 billion after raising its revenue forecast for the 2011 fiscal year in the second quarter.
Bill Davidson, senior vice president of Qualcomm, said in an interview with the media, “An important reason for Qualcomm's growing revenue and performance is the rapid growth of smart phones, and we once again confirmed to the market the previous expectations, based on CDMA technology in 2011. Terminal shipments will be around 775 million."
According to Gartner's data, in the first quarter of 2011, global smart phone sales exceeded 100 million units, an increase of 85% compared to the same period last year.
In many smart phones, Qualcomm Snapdragon chip is the most choice of terminal operators. Currently, the number of terminals using Qualcomm's Snapdragon chips has been used commercially in more than 125 models, and there are about 250 models in the design and production process.
In addition, up to now, 10 terminals using Qualcomm's dual-core Snapdragon chips have been commercialized or released, and more than 100 models are currently under development and design. Of the ten tablet computers that have been released or commercially available, four are using dual-core MSM8660 chips.
20% of annual revenue is invested in technology research and development Qualcomm is the first semiconductor manufacturer to launch LTE chip products, and also supports LTE TDD and LTE FDD.
So far, on the global scale, 24 LTE commercial networks have been launched, and 218 operators are currently preparing or preparing to invest in LTE networks in 81 countries. According to third-party statistics, 137 LTE terminals that are currently in commercial use or in the production process have reached 137 models. These products come from 42 manufacturers.
Bill Davidson said that in terms of LTE, Qualcomm has invested the most in R&D. In terms of manpower, the LTE R&D team is currently Qualcomm’s largest R&D team. In terms of financial resources, Qualcomm invests more than 20% of its revenue in technology research and development every year, and large-scale continuous R&D investment is the key to maintaining Qualcomm's leadership in technology and products.
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