Signs of global chip shortage easing seen in Qualcomm’s bright outlook and ability to find scarce parts

Source: Tech – South China Morning PostFor investors looking for signs that the global semiconductor shortage is near an end, Qualcomm Inc offered some solace: though problems are expected to persist until next year, the chip maker is now more adept at getting its hands on scarce parts.Qualcomm has farmed out production of certain products to multiple manufacturers, helping ensure it has enough supplies. The moves helped the company deliver an upbeat forecast for the latest quarter, sending its shares up as much as 7.6 per cent in…Read More

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