Business & Finance
Qualcomm CEO Says the Smartphone Market Will Stay ‘Suppressed’
Key Points
Qualcomm CEO Says the Smartphone Market Will Stay ‘Suppressed’ Qualcomm Inc. Chief Executive Officer Cristiano Amon said demand for smartphones remains strong, but the growing costs of making the devices are keeping the market down. Higher memory expenses and supply constraints have taken a toll on the phone sector, he said in an interview on Bloomberg Television.
Qualcomm CEO Says the Smartphone Market Will Stay ‘Suppressed’
Qualcomm Inc. Chief Executive Officer Cristiano Amon said demand for smartphones remains strong, but the growing costs of making the devices are keeping the market down.
Higher memory expenses and supply constraints have taken a toll on the phone sector, he said in an interview on Bloomberg Television.