News

Qualcomm predicts that Apple will supply as much as 80 percent of iPhone modem chip chips to itself.

0
Please log in or register to like posts.

Qualcomm on Tuesday said that it believes it will supply only 20 percent of the modem chips to connect Apple iPhone wireless data networks by the device’s 2023 launch.

Qualcomm currently supplies modem chips for all of Apple’s devices. Qualcomm stated at an investor conference that its phone chip revenues will increase in line with wider phone markets, despite Apple purchasing 80 percent of its modems from other suppliers.

Apple is working on its own modem chip and purchased Intel modem unit. Qualcomm did not comment on whether it thinks Apple will self-supply all the share it expects to lose, or if it might turn to other vendors.

Akash Palkhiwala, Chief Financial Officer at Qualcomm, stated that Apple will make up less than 1% of the company’s total revenue. “low single-digit” percentage of the company’s chip sales by the end of fiscal 2024. Qualcomm’s chip revenues hit $27 billion this year, $10 billion of which came from sources other than smartphone handsets.

A chip shortage recently spurred Apple to sacrifice some iPad production — and divert the semiconductors to iPhone manufacturing.REUTERS

The company believes that its revenue growth in handsets, even excluding Apple sales will be faster than the overall market. This is due to its traction among higher-end smartphone manufacturers such as Vivo, Oppo, and Xiaomi.

“We’re no longer defined by a single end market and a single customer relationship,”During the event, Cristiano amon, Chief Executive Officer, spoke.

Amon also stated that Qualcomm sells Apple radio-frequency front end chips that are paired to modem chips. Amon stated that Qualcomm will be able to sell those chips to Apple in the future regardless of where Apple sources its modem chip.

But he said that those potential wins are not included in Qualcomm’s forecasts.

Ultimate Guide-Getting Started With FREE JARVIS.AI SEO Course(2021)
‘The Last Picture Show’ 50The First and Last Movie Of Its Type

Reactions

0
0
0
0
0
0
Already reacted for this post.

Reactions

Your email address will not be published. Required fields are marked *

GIF