Qualcomm’s 5G modems revenue increased due to iPhone 12 demand

The research organization TrendForce data shows that the huge sales of Apple’s iPhone 12/Pro models have led to a surge in demand for Qualcomm’s 5G modem and RF chips, which will help promote this chip manufacturing The company’s revenue surpassed its rival Broadcom in the third quarter of 2020.

However, the renewed partnership between Apple and Qualcomm may not be done once and for all, because Bloomberg recently reported that Apple has begun to develop its own cellular modem for the future iPhone.

According to reports, Apple’s senior vice president of hardware technology, Johny Srouji shared this information at a plenary meeting with Apple employees, and this move was expected after Apple acquired most of Intel’s smartphone modem business last year.

(Source)