Qualcomm Targets The Internet of Things Sector Full Force

Leading mobile chipmaker Qualcomm recently provided guidance on how big the Internet of Things (IoT) sector is for the company. The company said it made $1 billion in revenue last year on chips used in a variety of city infrastructure projects, home appliance, cars and wearables. There were 120 million smart home devices shipped with Qualcomm chips in them last year. In addition, there are 20 million cars equipped with its chips, and Qualcomm silicon is used in 20 types of wearable devices.

Read the source article at forbes.com

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