Qualcomm confirms price hike plan and broadens growth bets as Apple sales fade

<p class="P1" data-sourcepos="5:1-5:337;118-454">Qualcomm is raising prices across its product portfolio and accelerating a shift beyond smartphones as higher memory and manufacturing costs squeeze margins and Apple-related revenue falls. The company is leaning on automotive, data center, and Android demand to support growth while it works to offset a weaker premium handset mix.