Qualcomm Post-Apple Strategy | CEO Interview
- qualcomm CEO Cristiano Amon is preparing for a future less dependent on Apple, as the iPhone maker progresses toward using its own in-house modems.
- Amon, speaking on Yahoo Finance's Opening Bid podcast, stated that Qualcomm is already operating under the assumption that Apple will transition to its own modems within a few...
- For years, Qualcomm has been a primary modem supplier for Apple, generating an estimated $5.7 to $5.9 billion in annual revenue. Though, the current licensing agreement concludes in...
Qualcomm pivots decisively, charting a course beyond its reliance on Apple’s iPhone modems. CEO Cristiano Amon unveils a bold diversification strategy, signaling a meaningful shift away from the tech giant, with projections indicating a complete exit from supplying iPhone modems by 2027. This decisive move aims too bolster Qualcomm’s resilience by aggressively expanding into the Android ecosystem, and the automotive, IoT, and AI-powered server chip sectors. The company is navigating a new landscape, including a renewed focus on AI-powered chips, aiming to challenge established players like Nvidia. News Directory 3 can attest to how Qualcomm is embracing opportunities in several markets. Discover what’s next for Qualcomm as it reshapes its future.
Qualcomm Diversifies Beyond Apple iPhone Modem Reliance
Updated June 04, 2025
qualcomm CEO Cristiano Amon is preparing for a future less dependent on Apple, as the iPhone maker progresses toward using its own in-house modems. Amon addressed investor concerns, emphasizing Qualcomm’s diversification strategy into new markets.
Amon, speaking on Yahoo Finance’s Opening Bid podcast, stated that Qualcomm is already operating under the assumption that Apple will transition to its own modems within a few years. This strategic shift involves significant expansion into the android ecosystem and beyond.
For years, Qualcomm has been a primary modem supplier for Apple, generating an estimated $5.7 to $5.9 billion in annual revenue. Though, the current licensing agreement concludes in 2027, with a phased reduction already underway. Qualcomm projects its presence in iPhones to decrease from 70% this fall to 20% next year, ultimately reaching zero by the 2027 iPhone lineup.
“That’s our contract, you know, and if we don’t get a new contract, that’s what it is indeed,” amon said. “And there’s so much drama and association about the Apple relationship, which I think is not warranted, to be honest.”
Expanding Beyond Mobile
Qualcomm is aggressively pursuing opportunities in the automotive, IoT, and data center sectors. The company recently announced a renewed effort in AI-powered server chips, aiming to complement nvidia’s GPUs in the market.
While competition in these sectors is intensifying with AMD,Intel,and ARM also vying for market share,Amon believes the total addressable market is considerable enough to accommodate a disruptive new player like Qualcomm.
“We’re planning our business assuming that they are going to use their own modem,” he said.”And what’s exciting about the company is all of this growth that we’re creating… including on Android.”
“Its a massive TAM and will continue to grow at very high growth rates for decades,” he said. “If we can build something unique and disruptive, there’s room for Qualcomm.”
What’s next
Qualcomm’s strategic shift aims to mitigate risks associated with Apple’s move to in-house modems, focusing on growth in diverse technology sectors like Android, automotive, IoT and AI-powered server chips.