Shulou(Shulou.com)11/24 Report--

Beijing, November 3 (Xinhua) Qualcomm will continue to provide baseband chips for the "vast majority" of iPhone in 2023. Qualcomm had expected the business to be snatched by Apple's proprietary baseband chips.

Qualcomm, one of the iPhone chips, commented on the results on Wednesday that the company had planned to provide only about 20 per cent of the 5G baseband chips for the new iPhone in 2023, but now expects to maintain the current supply level. The statement confirmed that Apple will not use its own self-developed baseband design for next year's models.

Since reaching a settlement with Qualcomm in 2019 and agreeing to use the company's baseband chips in the iPhone for the foreseeable future, Apple has been working on building its own mobile phone baseband chips. Apple's head of chip development told employees in 2020 that the component was under development. But it was reported earlier this year that Apple's efforts had been hampered by overheating in the baseband prototype, and the company would not start replacing its own baseband chips until 2024 at the earliest.

Apple has yet to comment. However, the good news did not bring much comfort to Qualcomm investors. Qualcomm is grappling with a general decline in demand for smartphones, with its earnings outlook well below expectations, sending its shares down 8.4 per cent in after-hours trading.

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.