Qualcomm Climbs Chip Ranks as Sector Sags

Qualcomm this year became the No. 3 chip maker, IHS iSuppli said Tuesday, in an annual revenue ranking that provides more evidence that it’s good to be a supplier of components for smartphones.

The San Diego company’s revenue from selling chips surged 27 percent to nearly $13 billion in 2012, the research firm estimated, during a tough period in which 13 of the Top 20 suppliers posted declining sales. Qualcomm moved up three spots from sixth place; in 2010, the company stood at No. 9 in the rankings.

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