According toReutersat an investor event in New York, Qualcomm not only announced impressive growth forecasts, but also stated that US tariff policies with China will not have a significant impact on their business activities.

To reduce its reliance on the smartphone market – which accounted for more than 50% of revenue last fiscal year – Qualcomm is turning to other potential areas.

Qualcomm has cooperated with Microsoft to compete with major rivals such as Intel and AMD in computer chip production, aiming to reach $4 billion by 2029.

Qualcomm chips are already used in Meta Platforms devices, with a goal of generating $2 billion in revenue by 2029.

A big part of Qualcomm’s confidence comes from its good relationship with the Trump administration.

“We expect this relationship to remain strong, similar to what we have experienced in the past,” Rogers said.

Lutnick, CEO of Cantor Fitzgerald, is an open supporter of Trump’s tariff policy and is expected to create a favorable environment for Qualcomm in strategic business development.

It is striking that Mr.

Although China accounted for 46% of Qualcomm’s revenue in the most recent fiscal year, CEO Cristiano Amon said US-China trade concerns are not a major threat to the company.

Furthermore, Qualcomm’s expansion into areas other than smartphones has strengthened the company’s relationship with its Chinese partners.

In addition to growth potential, Qualcomm also faces some major challenges.

However, Qualcomm is still confident in its strategy to reduce dependence on major partners like Apple.