Qualcomm expects 5 billion smartphones to be sold by 2016

Qualcomm expects 5 billion smartphones to be sold by 2016

Qualcomm has revealed that it expects 5 billion smartphones to be sold between now and 2016. The company looks to benefit from this trend as it’s one of the biggest maker of chips used in today’s smartphones (think Snapdragon), Nexus 4 included.

According to Qualcomm, this healthy growth in the mobile sector is fueled by consumer expectations for “connectivity, battery life and portability” and will drive the company’s growth in the segment.

But that’s not all as they also expect 650 million tablets and laptops combined to be sold in 2016, while the market for embedded and external mobile broadband in new mobile computing devices will double by the same year.

All these devices will increase the quantity of content that we will be bringing into our homes through internet services with Qualcomm laughing its way to the bank…

[Via: Pocket-lint]

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