Comparing Cost of Revenue Efficiency: QUALCOMM Incorporated vs Corning Incorporated

Cost Efficiency Showdown: Qualcomm vs. Corning Over a Decade

__timestampCorning IncorporatedQUALCOMM Incorporated
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Igniting the spark of knowledge

A Decade of Cost Efficiency: Qualcomm vs. Corning

In the ever-evolving landscape of technology, cost efficiency remains a pivotal factor for success. Over the past decade, from 2014 to 2024, QUALCOMM Incorporated and Corning Incorporated have showcased distinct trajectories in managing their cost of revenue.

QUALCOMM, a leader in wireless technology, has consistently outpaced Corning, a pioneer in glass and ceramics, in terms of cost efficiency. By 2024, QUALCOMM's cost of revenue surged by approximately 60% from 2014, peaking at 17 billion USD, while Corning's increased by about 56%, reaching nearly 9 billion USD.

This comparison highlights QUALCOMM's robust growth strategy, especially evident in 2022 when its cost of revenue was more than double that of Corning. As the tech industry continues to expand, these insights offer a glimpse into the strategic financial maneuvers of two industry giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025