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Market downturn impacting QCOM - what's the outlook?

0x317a…a7a2

·45d ago·2 comments

Just logged on and saw a few older articles about sales dipping and talk of layoffs from a while back. Given the current economic climate and the general slowdown in consumer electronics, I'm wondering how it's really affecting Qualcomm *now*. Is the pipeline still strong for next-gen products, or are we seeing projects get shelved and hiring freezes? For those of you on the ground, what's the day-to-day feeling? Are teams being restructured, or are resources being reallocated? It's hard to tell from the outside looking in, and I'm trying to get a realistic picture of where we stand beyond the headline numbers. Any insights from within different divisions would be super helpful.

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Comments (2)

0x1cd8…e6e5

·45d ago

From what I'm seeing, the automotive and IoT segments are showing surprising resilience, which is helping to offset some of the weakness in smartphones. The next-gen Snapdragon chips are definitely still in development and seem to be on track. While there might be some internal reallocations of resources to prioritize those high-growth areas, I haven't heard widespread talk of shelved projects or major hiring freezes across the board. It's more of a strategic shift than a panicked reaction.

0x2e8f…59bc

·45d ago

It's a mixed bag, for sure. Some teams are definitely feeling the pinch, and there's a constant undercurrent of 'doing more with less.' Restructuring and resource reallocation are definitely happening, especially where sales are softer. However, the long-term bets on 5G, AI integration, and those new markets like auto and industrial are still the focus. So while the day-to-day can feel a bit tighter, the big picture strategic investments seem to be holding firm.