🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Qualcomm chip sales to Chinese smartphone makers fuel strong results
Economic Times
·
10m ago
Medial
Qualcomm has forecasted sales and profit for the current quarter that exceed Wall Street estimates. The company is benefiting from the launch of flagship Chinese smartphones, resulting in a surge in its shares. Qualcomm is the leading supplier of smartphone chips and is capitalizing on the recovery in smartphone markets. While the company's outlook surpasses expectations, there is uncertainty regarding the future revenue stream from Apple as they develop their own modem chips. Qualcomm's efforts to expand into laptops and AI in data centers may need to accelerate to offset any declines in Apple revenue. Additionally, Qualcomm has signed a new licensing agreement with Shenzhen Transsion Holdings and is embroiled in a legal dispute with Arm.
View Source
Related News
iPhone supplier Murata targets China budget smartphone makers
Economic Times
·
1y ago
Medial
Japanese smartphone component supplier, Murata Manufacturing, is seeking to increase sales to Chinese makers of lower-end handsets targeting emerging markets. With the smartphone market expected to grow by 5% in the year ending March 2025, Murata aims to tap into the demand for mid- and low-end smartphones in regions like India, Africa, and Southeast Asia. The company, which supplies components to Apple and Samsung, is looking beyond saturated markets to expand its sales.
View Source
Nvidia's AI heft to power results again, Wall Street seeks China clarity
Economic Times
·
1y ago
Medial
Nvidia, the artificial intelligence chip leader, is expected to deliver strong revenue results, but the focus is on the impact of widening US restrictions on chip sales to China. China is Nvidia's third-largest market and accounts for over 20% of its revenue. The recent export curbs on Nvidia's H800 and A800 chips have raised concerns about the company's market dominance. Despite Nvidia's assurance of no immediate impact, its stock declined due to worries about potential losses in Chinese orders. However, analysts believe Nvidia's growth might eventually reduce reliance on revenue from China.
View Source
Tim Cook flexes his Shanghai trip on Chinese social media amid Apple's China crisis
Business Insider
·
1y ago
Medial
Apple CEO Tim Cook has been sharing highlights of his trip to China on the social media platform Weibo. Cook posted a video of himself enjoying breakfast and taking a stroll along the Bund waterfront with Chinese actor Zheng Kai. He also shared visits to a local director's studio, a Chinese games developer, and an Apple store. Cook's trip to China comes amid falling iPhone sales in the country and increasing competition from domestic smartphone makers. Engaging with Chinese consumers directly is seen as a key strategy for Apple to maintain its position in the market.
View Source
Huawei's new Mate 70 phone chip shows no major redesign: report
Economic Times
·
9m ago
Medial
The latest Huawei Mate 70 smartphone has been found to have a chip that offers only incremental improvements compared to its predecessor, contrary to expectations of a more advanced chip. The chip, called Kirin 9020, was manufactured by Chinese chip foundry Semiconductor Manufacturing International Corporation (SMIC), using a 7nm process rather than the anticipated 5nm process. TechInsights suggests that Huawei may be struggling to make significant breakthroughs in chip manufacturing. However, the Kirin 9020 chip does feature enhancements in performance and efficiency, according to the consultancy's teardown analysis. Sales predictions for the Mate 70 are expected to be weaker than its predecessor.
View Source
Qualcomm’s smartphone future looks brighter with AI
Livemint
·
1y ago
Medial
Investors are optimistic about the possibility of an AI-enabled iPhone following Apple's latest earnings report. Although iPhone revenue was weak, Apple's focus on generative artificial intelligence has analysts predicting a potential AI-driven iPhone supercycle in 2025. This news has boosted Apple's shares by 6%. Meanwhile, Qualcomm, the maker of modem chips used in iPhones and other devices, saw a nearly 10% jump in its stock following strong chip sales driven by AI-enabled Android phones. The market for on-device AI processors is growing, with Samsung's Galaxy S24 offering real-time translating and image-based web search. A potential AI-enabled iPhone launch could further stimulate the market, benefiting Qualcomm. The close integration of components required for on-device AI processing plays to Qualcomm's strengths in modem and RF chips. Additionally, Qualcomm's presence in AI-enabled PCs is expected to increase with the launch of several models later this year. Despite uncertainty surrounding AI's impact on smartphone and PC sales, Qualcomm's valuation is not yet reflecting the potential upside.
View Source
US to make it harder for Intel, SK Hynix and Samsung to make chips in China - The Economic Times
Economic Times
·
13d ago
Medial
The United States is revoking authorizations for chipmakers Samsung, SK Hynix, and Intel to use American semiconductor equipment in China, affecting their chip production there. This follows the 2022 restrictions on US semiconductor equipment sales to China. These companies must now obtain licenses to acquire this equipment. The decision, effective in 120 days, may impact US equipment suppliers and benefit Chinese equipment makers and Micron, a US competitor to Samsung and SK Hynix.
View Source
Samsung says chips to recover in 2024 after best quarterly profit this year
Economic Times
·
1y ago
Medial
Samsung is optimistic about a chip recovery in 2024 after reporting its highest quarterly profit this year. The company expects strong demand for memory chips and a shortage in the industry to help boost its profits in the coming years. Despite facing challenges like supply chain disruptions and a decline in smartphone sales, Samsung's focus on memory chips and other semiconductor products has helped drive its performance.
View Source
Apple loses global leadership in phones to Samsung as iPhone shipments drop: report
Economic Times
·
1y ago
Medial
Apple's smartphone shipments dropped by about 10% in the first quarter of 2024, as competition from Android smartphone makers intensified. Samsung claimed the top spot as the world's leading phone maker with a 20.8% market share. Apple slipped to second place with a 17.3% market share. Chinese brands, such as Huawei, are gaining market share, while Xiaomi ranked third with a 14.1% market share. Apple's challenges in China, its third biggest market, persist as Chinese companies and government agencies limit the use of Apple devices. The company is expected to provide updates on AI development at its Worldwide Developers Conference in June.
View Source
Tencent says US AI chip import situation unclear as governments negotiate - The Economic Times
Economic Times
·
29d ago
Medial
Chinese tech giant Tencent remains uncertain about U.S. AI chip import rules amid Beijing–Washington talks but has sufficient inventory for AI operations. Despite regulatory scrutiny on Nvidia's H20 chips, Tencent's AI ambitions remain strong, supported by strong financial results and increased AI investments. The company's gaming and marketing services sectors show rise in revenue due to AI's role in advancing these areas. With a focus on balanced AI investment, Tencent is poised for sustainable monetization from its AI initiatives.
View Source
How Intel fell from global chip champion to takeover target
Livemint
·
11m ago
Medial
Intel, once a dominant leader in the semiconductor industry, is now facing the possibility of being acquired by Qualcomm, highlighting its strategic missteps and the rise of artificial intelligence (AI). Intel's manufacturing setbacks and failure to anticipate the demand shift towards AI chips made by rival Nvidia have contributed to its decline. While a deal with Qualcomm is uncertain, the idea of the smartphone-chip giant acquiring Intel would have been unthinkable in the past. Intel's CEO, Pat Gelsinger, had pursued a costly turnaround strategy, but the company's struggles in the AI market have led to significant job cuts and cost reductions. A positive turnaround for Intel is still possible, contingent on the success of their next-generation chip-making technology. Overall, Intel's core chip business faces challenges in recovering as the market continues to focus heavily on AI chips.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
Aug 2025
Jurifly
Build. Comply. Fund. Fly.
FloatFi App
Crypto to INR payments app for Indians
ForkMyCV
Your CV, Done Right.
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
