Samsung Tries Reduced Dependence On Qualcomm Chips: Report

November 26, 2021 8:54 AM | 1 min read |

Samsung Electronics Co Ltd SSNLF looks to raise the production of its Exynos chipsets for its Galaxy smartphones to increase the proportion of in-house processors in the devices, DigiTimes reports.
Samsung also aims to reduce its dependence on Qualcomm Inc QCOM by the move.
Recently, Apple Inc AAPL chose Taiwan Semiconductor Manufacturing Co Ltd TSM to manufacture 5G iPhone modems, reducing its reliance on Qualcomm.
Price Action: QCOM shares traded lower by 3.16% at $175 in the premarket session on the last check Friday.

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