Qualcomm, MediaTek Cut Smartphone AP Orders with TSMC
Qualcomm and MediaTek have reduced smartphone application processor orders with TSMC, indicating potential weakness in mobile chip demand. Qualcomm co-founder Dr. Irwin M. Jacobs was honored with the TechCon Fellows Lifetime Achievement Award for his pioneering contributions to wireless communications.
1. Qualcomm and MediaTek Slash Smartphone AP Orders
Qualcomm and MediaTek have trimmed smartphone application processor orders placed with TSMC, reflecting softer global smartphone demand. The reduction suggests weaker mobile chip shipments this quarter, potentially pressuring Qualcomm’s mobile segment revenue and TSMC’s wafer fab utilization.
2. Dr. Irwin M. Jacobs Receives Lifetime Achievement Award
Dr. Irwin M. Jacobs, co-founder of Qualcomm, was selected for the TechCon Fellows Lifetime Achievement Award in recognition of his vision and transformative impact. Jacobs co-founded Linkabit in 1968 and led Qualcomm’s development of CDMA technology in 1985, foundations that underpin global 3G through emerging 6G networks.