China has stuck to a “zero-COVID” policy and is just beginning to ease restrictions after months of strict lockdowns. In Shanghai, China’s largest city, schools have just partially reopened on a voluntary basis, and shopping malls, supermarkets, convenience stores and drug stores will gradually reopen. Other attractions, like movie theaters and gyms, remain closed. Because of these lockdowns and increasing inflation around the world, Amon predicted downward pressure in consumer businesses, but noted that enterprise businesses, driven by digital transformations, continue to grow. Despite inflation and a slowing global phone market due to Chinese lockdowns, Qualcomm CEO Cristiano Amon told...