Financial Times FT.com

Qualcomm profits boosted by 3G device sales

By Chris Nuttall in San Francisco

Published: April 24 2008 03:51 | Last updated: April 24 2008 03:51

Qualcomm, the biggest supplier of chips for mobile phones, reported that strong adoption of 3G handsets helped its second-quarter revenues and profits beat Wall Street’s expectations.

Its upbeat earnings on Wednesday were in contrast to those issued on Monday by Texas Instruments, the second biggest US chipmaker, which it overtook last year in mobile-phone chip sales.

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