Qualcomm Wins Yet Another Major Automaker With Its Snapdragon Digital Chassis, Stellantis, With 14 Brands, More Evidence That The Diversification Strategy Is Paying Off
Qualcomm is best known for its handsets business, but the past two years the company has embarked on a business diversification process adding RF, IoT and automotive to the mix. In FY21 the revenue from RF, Auto and IoT represented 38% of total QCT revenues and the automotive business is on a $1B annual run …