September 8, 2023
1 min read

Apple’s Modem Plans Add to Qualcomm’s Challenges

Huawei purchased 23-25 ​​million and 40-42 million mobile phone SoCs from  Qualcomm in 2022 and 2023, respectively…reports Asian Lite News

Chinese smartphone brand Huawei’s new smartphones will fully adopt the new self-developed Kirin processors starting in 2024, a move that will hurt chip-maker Qualcomm the most, according to leading analyst Ming-Chi Kuo.

According to Kuo, Qualcomm will not only lose Huawei’s orders completely from 2024 onwards “but also face the risk of a decline in shipments to non-Huawei Chinese brand clients due to the competition from Huawei”.

Huawei purchased 23-25 ​​million and 40-42 million mobile phone SoCs from  Qualcomm in 2022 and 2023, respectively.

“However, it’s expected that Huawei’s new models will fully adopt the new self-developed Kirin processors starting in 2024,” said said Kuo, an analyst at TF International Securities, a financial services group in the Asia-Pacific region.

Qualcomm’s SoC shipments to Chinese smartphone brands in 2024 are expected to be at least 50-60 million units lower than in 2023 due to Huawei’s adoption of the new Kirin processors and will continue to decline year by year.

“My latest survey indicates that Qualcomm will likely start a price war as early as 4Q23 to maintain market share in the Chinese market, which will be detrimental to profits,” Kuo emphasised.

Two other potential risks for Qualcomm are that the market share of Exynos 2400 in Samsung mobile phones is higher than expected and Apple is expected to use its own modem chip starting in 2025.

Huawei and China’s Semiconductor Manufacturing International Corp (SMIC) built an advanced 7-nanometer processor to power its latest smartphones, according to a report by market analysis firm TechInsights.

It is reported that Huawei is using a homemade advanced 7nm chipset, identified as Kirin 9000s, in its Mate 60 Pro smartphone.

The company started selling its Mate 60 Pro phone last week, without much information about the chipset inside.

ALSO READ-Qualcomm India to empower 8 women-led startups

Previous Story

Galaxy A54 5G Now Available in Four Stunning Colors

Next Story

$341B Non-Oil Trade Between UAE, G20 Countries

Latest from Business

RBI Holds Rates, Boosts Outlook

One of the most significant announcements was the upward revision of India’s GDP growth forecast for FY 2025–26—from 6.5% to 6.8% In a move reflecting cautious optimism, the Reserve Bank of India

Nykaa Expands Global Footprint with UK Debut

To commemorate this significant global debut, Nykaa’s leadership hosted an exclusive soiree at the George Club in Mayfair, London Nykaa, India’s leading beauty and lifestyle destination, is set to make a grand

Nothing’s CMF Goes Indian with $100M JV

Company has announced a $100 million joint venture with Indian electronics manufacturer Optiemus Infracom Limited….reports Asian Lite News Smartphone maker Nothing has spun off its budget sub-brand CMF into an independent subsidiary,

Airbnb Boosts India Economy

Among international guests, the largest inbound sources were the United States, United Kingdom, Canada, and Australia Hospitality giant Airbnb made a significant impact on India’s economy in 2024, contributing Rs 113 billion

Rupee, Markets Gain Amid Trade Optimism

Emerging market currencies, including the rupee, have gained support amid softening in the dollar. Reports suggesting that the US economy is on the verge of a recession have contributed to the greenback’s
Go toTop

Don't Miss

Apple CEO optimistic on 5G future

In an earnings call with analysts after posting robust June

Apple revises App Store guidelines

The company also mentioned that a commission will apply to