Qualcomm is pivoting from its focus on the mobile communications and computing market to the IoT market as growth in the smartphone market begins to level off. A key component of this market is consumer IoT and within this the smart home. The company has an array of technologies applicable to smart home solutions and an impressive list of customers that serve the smart home market as well as mobile markets. But success requires moving into device markets new to it to expand its customer base and developing capabilities in new technologies which it doesn’t dominate.
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