Qualcomm Headed For A Secular Downturn
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Qualcomm’s (QCOM) Snapdragon has ruled the smartphone roost for many years and is designed into all high-end Android smartphones. Recent estimates put Qualcomm’s smartphone chipset market share at about 30% (image source: Business Korea).
Qualcomm used to be a more dominant supplier of smartphone silicon but has been steadily losing market share at the price sensitive low-end and mid-range of the market to MediaTek. As competitive concerns…
