:Chip designer Qualcomm on Wednesday forecast sales and profit in the current quarter would exceed Wall Street estimates as the company benefits a wave of launches of flagship Chinese smartphones, and its shares rose 8.5 per cent in extended trading.Qualcomm said it expects sales and adjusted profits for its

Chip designer Qualcomm on Wednesday forecast sales and profit in the current quarter to come in above Wall Street estimates as the company tries to break into the personal computer market while it vies against rivals for a piece of a recovering smartphone market.Qualcomm said it expects sales and adjusted