Chip manufacturer Qualcomm is best known for its Snapdragon mobile chips that power all kinds of smartphones. But in the era of smart mirrors and refrigerators, the company wants its chips in every device that has any use being connected to the internet. And it seems that will pay off nicely.

According to Qualcomm, sales from chips for smart watches and other Internet of Things devices in 2018 will bring the company more than $1 billion, or roughly $250 million per quarter. For comparison, in Q2 of 2018 Qualcomm's total revenue was $5.6 billion.

Besides mobile processors, another ...


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