Qualcomm headed for a ‘period of underperformance’
Qualcomm continues to work to expand its opportunities: Today, the company announced a new chip, the Snapdragon XR1 Platform, that’s designed specifically for virtual and augmented reality goggles and glasses, like the Oculus Go. The product is the latest indication that Qualcomm hopes to grow its opportunities beyond the slowing smartphone market. But, according to one new report, Qualcomm is heading toward a “period of underperformance” that it may not be able to sidestep.
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