Qualcomm reports 4 percent rise in quarterly revenue
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FILE PHOTO: A sign on the Qualcomm campus is seen in San Diego, California, U.S. November 6, 2017. REUTERS/Mike Blake/File Photo
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(Reuters) - Qualcomm Inc (NASDAQ: QCOM) reported a 4.2 percent rise in quarterly revenue on Wednesday, helped by demand for its latest Snapdragon chipset from smart phone customers including Samsung Electronics Co Ltd <005930.KS> and Xiaomi Corp <1810.HK>.
Revenue rose to $5.60 billion in the quarter ended June 24 from $5.37 billion a year earlier.
Net income attributable to Qualcomm rose to $1.22 billion or 82 cents per share, from $866 million, or 58 cents per share a year earlier. [https://bit.ly/2v5wbDT]
(Reporting by Sonam Rai and Stephen Nellis; editing by Patrick Graham)
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