Smartphone growth slows, authorized business performance is not as expected, impact Qualcomm operating performance
Yao Jiayang, an analyst at Tuoba Industrial Research Institute, pointed out that in view of the fact that the growth of the smartphone market is almost stagnant, although 5G will have a chance to usher in a new wave of growth momentum, the business model derived from 5G is not yet clear. Even if the download speed is greatly improved, whether it will lead to a new wave of change in the short term, it is still necessary to observe the attitude of the telecom operators.
According to Yao Jiayang, from the performance of Qualcomm's revenue, it is difficult to support the growth momentum of Qualcomm's revenue based on the current situation of the smartphone market. On the other hand, Qualcomm's recent performance in the QTL is not satisfactory. It is also likely to affect its profitability. In the short term, if Qualcomm breaks through the difficulties caused by the slowdown in the growth of the smartphone market, it will continue to strengthen sales of product lines such as antennas and RF front-ends, as well as expand the market in the Internet of Things and the automotive market. The market share starts in two aspects.
The impact of transaction failure on China's semiconductor industry
On the other hand, Qualcomm's suspension of the acquisition of NXP is undoubtedly a breathing space for the Chinese semiconductor industry, especially the chip industry. If the Qualcomm successfully acquires NXP, it will significantly improve Qualcomm's technical strength and completeness of the solution. The diversity of customers. For China's development of semiconductors, especially for Chinese chip makers who compete directly with Qualcomm, it will naturally become an unbreakable barrier to some extent, and it will even be a big blow.
After the failure of Qualcomm's acquisition, China's semiconductor industry can not only get the time and opportunity for development, because NXP used to sell RFSOI and standard product business units to Jianguang Assets in 2016. Obviously, NXP has a good relationship with China-based fund players. The relationship, if NXP's decision-making layer intends to sell the company, China is also expected to take action to further strengthen the technical strength of the chip solutions in the automotive, Internet of Things and information security.
If the NXP decision-making layer does not intend to sell the company, China's semiconductor industry is bound to step up its development and try to keep up with the technical standards of international companies, in order to achieve the goal of semiconductor autonomy in China's automotive, Internet of Things and information security applications. .