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Qualcomm Targets $22B in Automotive & IoT Revenue
- Qualcomm aims to achieve $22 billion annual revenue from automotive and IoT segments by FY29.
- The breakdown foresees $8 billion from automotive and $14 billion from IoT.
- Qualcomm also plans to generate $4 billion in revenue each from its PC and industrial sectors by 2029.
- The company's success in automotive can be attributed to launching classes of technology under the Snapdragon Digital Chassis.
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