Qualcomm is aiming to become a big player in personal-computer chips, setting a target of $4 billion of revenue from that business in about five years' time. Qualcomm’s chips for laptops—a market where it competes with Intel and Apple—launched this summer.

(Reuters) -Qualcomm said on Tuesday it was "positive" on President-elect Donald Trump's incoming administration and not concerned that proposed U.S. tariffs on China would dampen its business in the country from which it derives nearly half its revenue.

Qualcomm said on Tuesday that it expects $22 billion in combined revenue over the next five years from laptops, cars and other products outside its current stronghold in smartphones, a sharp growth from the latest fiscal year.