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Qualcomm Rides Smartphone Demand To $69 As Chip Supply Crunch Eases Qualcomm announced a strong set of Q4 FY 2012 results on Wednesday. Revenue for the quarter increased 18% y-o-y and net profits soared 20% as continued strong demand for 3G/4G products worldwide drove both chipset sales as well as licensing revenues. Supply constraints at the 28-nanometer end eased through the quarter as the company ramped up supply at additional suppliers, helping it reaffirm its earlier guidance of being able to match 28nm demand with supply by the end of the December quarter....
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