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Qualcomm (NASDAQ:QCOM) CEO Paul Jacobs predicted that smartphones will rise from 15% of the...

Qualcomm (NASDAQ:QCOM) CEO Paul Jacobs predicted that smartphones will rise from 15% of the phone market in 2009 to 45% in 2014, when 900M units will be shipped. While relevant for AAPL, MOT, NOK and RIMM, the forecast is also interesting for owners of semiconductor stocks like ARMH, BRCM, INTC, MIPS, MRVL, MXIM, NVDA, QCOM and TQNT, since smartphones require more expensive chips.

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QUALCOMM Incorporated