Qualcomm's first quarter financial report for fiscal year 2025 is released, with both revenue and net profit reaching new highs

Processor giant Qualcomm recently released its financial report for the first quarter of fiscal year 2025 (ending December 29, 2024), showing that its revenue increased by 17% year-on-year to US$11.669 billion, a record high for the same period in history. Adjusted net profit increased by 24% year-on-year to US$3.830 billion. Among them, the revenue of the mobile phone chip business increased by 13% year-on-year to US$7.574 billion, a record high; the revenue of the automotive chip business increased by 61% year-on-year to US$961 million, setting a record high for the sixth consecutive quarter.