Qualcomm says cell replacement cycles lengthening

NEW YORK, Sept 3 (Reuters) - Qualcomm Inc (QCOM.O) is seeing some signs that customers are slower to upgrade their cell phones than before, Chief Executive Paul Jacobs said on Wednesday in an interview with cable television network CNBC.

"We're seeing some evidence there's a lengthening of replacement cycles," Jacobs said, explaining that customers appeared to be holding onto their phones for longer in developed markets such as Japan and South Korea.

Jacobs said consumers tend to keep the same phone anywhere from a year to two years depending on the region. (Reporting by Sinead Carew, editing by Gerald E. McCormick) ((email: sinead.carew@thomsonreuters.com; +1 646-223-6186))