By Stephen Nellis (Reuters) -Qualcomm executives on Tuesday said they were "positive" on President-elect Donald Trump's incoming administration and were not concerned that proposed U.S. tariffs would dampen the nearly half of Qualcomm's sales derived from the China.

Qualcomm said 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.