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flag Qualcomm forecasts non-smartphone chip sales to double by 2029, reaching $22 billion annually.

flag Qualcomm, a major chipmaker, predicts its non-smartphone chip sales will more than double over the next five years, reaching $22 billion annually by 2029. flag The company aims to achieve this growth by expanding into new markets like automotive, PC, and IoT devices. flag CEO Cristiano Amon's strategy involves diversifying Qualcomm's revenue sources to reduce dependence on smartphone chips. flag By 2029, Qualcomm expects to generate $8 billion from automotive, $4 billion from PCs, $2 billion from XR devices, and $4 billion from industrial and IoT chips.

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