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Report: Qualcomm sees boost from strong iPhone 12 demand as Apple works on in-house modem

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<p>A new report on how the global chip makers stacked up for Q3 suggests that Qualcomm likely has the iPhone 12 (https://9to5mac.com/guides/iphone-12/) to thank for solid growth and taking the number one spot with almost $5 billion in quarterly revenue. That almost a 40% increase from Qualcomm’s 2019 Q3. However, Apple’s work on an in-house modem (https://9to5mac.com/2020/12/10/bloomberg-apple-started-developing-its-first-cellular-modem-chip-for-future-devices/) is a reminder of the looming hit to Qualcomm’s revenue in the future.</p>
<p> <a href="https://9to5mac.com/2020/12/18/iphone-12-qualcomm-revenue-boost/#more-686367" class="more-link">more…[/url]</p>
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