Qualcomm Announces Third Quarter Settlement, Sales Increase 65% YoY Due to Strong Semiconductor Sales
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On July 28, 2021 local time, Qualcomm announced its financial results for the third quarter of 2021 (April-June). The technology division Qualcomm CDMA Technologies (QCT)'s mobile phone terminals, RF front-ends , IoT, and in-vehicle chips all showed an increase in profits, contributing to the company's breakthrough.
Qualcomm Announces Third Quarter Fiscal 2021 Results GAAP Revenues $ 8.1 billion GAAP EPS $ 1.77, Non-GAAP EPS $ 1.92
(PDF file) https://d1io3yog0oux5.cloudfront.net/_705ed69f692fba1927d38a0af25d6c42/qualcomm/db/773/7018/file/FY+2021+3rd+Quarter+Earnings+Release.pdf
Qualcomm Announces Third Quarter Fiscal 2021 Results | Qualcomm
https://www.qualcomm.com/news/releases/2021/07/28/qualcomm-announces-third-quarter-fiscal-2021-results
Qualcomm (QCOM) earnings Q3 2021
https://www.cnbc.com/2021/07/28/qualcomm-qcom-earnings-q3-2021.html
According to Qualcomm's new earnings report, GAAP's third-quarter sales increased 65% year-on-year to $ 8.06 billion and pre-tax profit increased 160% to $ 2.257 billion. (Approximately 248 billion yen), net income increased 140% to 2.027 billion dollars (approximately 222 billion yen). In non-GAAP, sales increased 63% to $ 4.89 billion, pre-tax income increased 131% to $ 1.104 billion, and net income increased 124% to $ 2.2 billion. It was (about 241 billion yen).
Qualcomm's technology division, QCT, generated most of Qualcomm's revenue, up 70% year-over-year to $ 647.2 billion. Qualcomm Technology Licensing (QTL), the intellectual property and licensing division, had the second largest sales, with sales of $ 1.489 billion (approximately ¥ 163 billion), up 43% year-on-year.
Of QCT's semiconductor sales, RF front-end sales increased 114% year-on-year to $ 957 million (about 105 billion yen), and in-vehicle use increased 83% year-on-year to $ 253 million (about 28 billion yen). ), The sales for IoT increased by 83% from the same period of the previous year to 1.399 billion dollars (about 154 billion yen). All of them have achieved dramatic growth, but the RF front-end chip, which is an important part of 5G communication, has an outstanding growth rate.
Foreign media CNBC reported that 'Qualcomm is one of the major suppliers in the 5G space' and 'Qualcomm CEO Cristiano Amon is prioritizing the growth of the company's RF front-end business', sales in the third quarter He gave one view of the growth of mobile phone terminal and RF front-end chips, which accounted for the majority of the market.
In addition, CNBC in 2021 July 26, Intel has announced that it will manufacture the new chip in partnership with Qualcomm also touched on that you have, 'the industry is fabless a company Qualcomm is, paying attention to how overcome the chip shortage I'm doing it. ' Qualcomm also reported that it paid a dividend of $ 760 million and bought back $ 630 million of its own shares during the third quarter.
Qualcomm's stock price temporarily rose 3% due to overtime trading.
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