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Qualcomm Was Dependant On Samsung For 40 Percent Of Its Chipset Revenue In Q4 2023, Which May Be Bad News Going Forward

NewsTech

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Qualcomm is too dependent on Samsung for its smartphone chipset revenue

Samsung is regarded as a major smartphone chipset customer for Qualcomm, which is likely why the latter recently renewed a multi-year agreement with the Korean giant to use its Snapdragon silicon. However, it can become worrisome if one company depends on just one client to bring in 40 percent of the total revenue for a specific quarter, but according to the data shared for Q4 2023, Qualcomm appears to be too dependent on Samsung in this regard. We have witnessed on previous occasions that things can go from bad to worse if companies cannot diversify. The situation can become dire […]

Read full article at https://wccftech.com/qualcomm-q4-2023-40-percent-chipset-revenue-came-from-samsung/

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