Qualcomm Will Diversify Away From Handsets, Vinh Says

The video discusses the current weak demand for mobile phones, particularly in China and the broader Android ecosystem. It highlights a company's efforts to diversify away from smartphones, noting significant progress in non-handset markets like IoT and automotive. Despite challenges, the company plans to leverage cash flow to further diversify, including entering the PC market and pursuing acquisitions. The long-term vision includes maintaining a dominant share at Apple and adapting to economic conditions.

What challenges does Qualcomm face in diversifying away from handsets?

What are the expected future actions of Qualcomm regarding acquisitions?