- 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.
QCOMQualcomm Inc
$153.11-1.21%
Edge Rankings
Momentum35.42
Growth72.70
Quality92.44
Value47.30
Price Trend
Short
Medium
Long
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
