Qualcomm is one of the most successful companies to come out of the smartphone revolution that’s taking place. That’s because their mobile chips are powering many of the devices currently on the market.
The company’s successful strategy was once again confirmed by the latest financial statements with profit estimates between $26 and $28 billion for the full fiscal year. But not everything’s rosy inside Qualcomm as the company did mention they recently lost “a large customer”.
Who could that be? Why, none other than their frenemy, Samsung. Qualcomm’s statement seems to corroborate an earlier report that said Samsung would no longer be sourcing the high-end Snapdragon 810 chip from Qualcomm.
According to the original report, which seems to be all but confirmed now, Samsung experienced overheating issues with the high-end silicone and decided to drop it from its upcoming Galaxy S6 flagship.
Qualcomm’s execs on the other hand said their chip works exactly as intended and they offer proof of that the fact the Snapdragon 810 has already been confirmed to be in LG’s next flagship, and is expected to show up in a number of other devices including the unannounced HTC M9.