Now it would appear that those rumors are true, as Qualcomm has confirmed that they have lost a major customer for their Snapdragon 810 processor.
The company did not confirm that the customer was Samsung, but they did say that it was a large customer. Qualcomm has now cut its earnings estimates, you can see a statement from the company below.
We have lowered our outlook for the second half of fiscal 2015 in our semiconductor business, QCT, largely driven by the effects of:
— A shift in share among OEMs at the premium tier, which has reduced our near-term opportunity for sales of our integrated Snapdragon™ processors and has skewed our product mix towards more modem chipsets in this tier; – Expectations that our Snapdragon 810 processor will not be in the upcoming design cycle of a large customer’s flagship device; and — Heightened competition in China.
Samsung are expected to use their new eight core 64-bit Samsung Exynos 7420 processor in the Galaxy S6, the processor recently turned up in some benchmarks.
Source GigaOMFiled Under: Mobile Phone News, Top News