Obviously I am wayyy too late but here’s what I found.

Sale of new mobile phones has dropped significantly in the last few quarters because of global price inflation of consumer goods. Naturally, mobile chip sales has also dropped.

Since making a chip takes ~6 months, Qualcomm currently has too many old chips in their inventory because even if they completely stop making new chips, they’ll still produce chips for the next 6 months.

Because of that existing inventory, they aren’t selling new chips to OEMs until their old stock is depleted. Which (I’m speculating) has led to OEMs buying chips from MediaTek instead. Which has farther delayed the production of new chips.

Partial sources

Nov 2022

Feb 2023

May 2023

Aug 2023

@[email protected] is also doing the same.

News about SpaceX

[email protected]