Qualcomm sees ‘crazy’ sales rise from 5G iPhone demand

Modem maker Qualcomm says that its sales rose 62% year on year, because of demand for the 5G chipset in the iPhone 12 range.

Qualcomm CEO Steve MollenkopfQualcomm CEO Steve Mollenkopf

Following Apple’s strong earnings from the iPhone 12 range, modem chipset maker Qualcomm has now also reported higher year on year sales growth because of these phones. The company saw a 62% rise to $8.24 billion in the last quarter.

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