Qualcomm CEO - Our Two Near Term, Custom Silicon Wins Will Be Revenue Generating In The December Quarter

July 29 (Reuters) - Qualcomm Inc QCOM.O:

• Qualcomm CEO: Our two near term, custom silicon wins will be revenue generating in the December quarter - conf call
• Qualcomm CEO: Have begun wafer production on custom silicon - conf call
• Qualcomm CEO: Have completed the tape-out of HBC Gen 1 - conf call
• Qualcomm CEO: Now expect annualized automotive sales of approximately $7 billion exiting fiscal 26 - conf call
• Qualcomm CEO: Position at Samsung remains strong, with Snapdragon powering approximately 70% of their flagship devices - conf call
• Qualcomm CFO: Expect Q4 QCT handset revenues to be approximately $5.2 billion - conf call
• Qualcomm CFO: Expect Q4 QCT IoT revenues to remain approximately flat versus the year ago period - conf call
• Qualcomm CFO: Expect approximately 60% year-over-year revenue growth for QCT automotive in Q4 - conf call
• Qualcomm CFO: Anticipate non-GAAP operating expenses to be approximately $2.7 billion in Q4 - conf call
• Qualcomm CFO: Now estimate non-handsets at more than 50% of QCT revenues in fiscal 27 - conf call
• Qualcomm CFO: Now estimate non-handsets grow to approximately two-thirds of QCT revenues in fiscal 29 - conf call
• Qualcomm CFO: Anticipate growth in non-handset revenues to accelerate from 24% in fiscal '26 to greater than 60% in fiscal '27 - conf call
• Qualcomm CFO: Expect growth from non-handset revenues in fiscal '27 to replace total Apple product revenues in '26 - conf call