Qualcomm CEO: The semiconductor industry is subject to multiple challenges in the short term, and the long-term prospects are unlimited

Aug 17,2022

Qualcomm CEO Ammon said in an exclusive interview with Bloomberg Business Week a few days ago that the semiconductor industry is indeed facing multiple challenges in the short term, but in the long run, the semiconductor industry's prospects are still bright.

Anmon said that in the short term, the industry is currently facing multiple economic challenges such as inflation, rising energy costs, and epidemic containment measures. These challenges may affect the balance of supply and demand, but the outlook for the industry as a whole will not change as a result. Many industries will undergo digital transformation, semiconductors are indispensable, the mobile phone industry is the same, and the automotive, computing, industrial, etc. are also the same. Anmon predicts that in the future, the terminal will realize more functions and more intelligent interconnection through cloud computing, and these technologies will continue to promote the growth of the semiconductor industry in the next ten years.

Regarding the rumor that Apple's self-developed 5G modem chip failed, Anmon said that Qualcomm has a good cooperation relationship with Apple and continues to provide products to Apple. But he also said that Qualcomm has made assumptions and business plans that the two will no longer cooperate after Apple's self-developed chips are successful.
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