Huawei sold 11 million mobile phones, but it failed to affect Qualcomm
In the fourth quarter of last year, after the revival of Huawei's Kirin chips, Huawei's mobile phone sales increased by 47%, and according to Canalys, Huawei's mobile phone sales reached 10.4 million units, ranking fourth in the country.
In this market, the largest share is naturally the Mate60 series, and the hottest chip is of course the Kirin 9000s.
Many people believe that Huawei used Qualcomm chips before, while the Mate 60 used Kirin chips. This is because if such a large customer base is lost, the mobile phone chip business is bound to decline.
So, did Qualcomm's mobile chip business decline in the fourth quarter? No, it's not declining, and it's still growing.
Some time ago, Qualcomm announced fourth-quarter revenue of 992.2 billion yuan, a year-on-year increase of 5%; Non-GAAP earnings per diluted share were 275 yuan, a year-on-year increase of 16%.
Looking at various business units, Qualcomm's QTL revenue (patent licensing) decreased 4% year-over-year to 14600 million yuan, but the impact is not significant.
Looking at QCT's business (mobile phone chips, ** chips, IoT chips, these are all very large businesses), sales for the quarter were 842.3 billion yuan, a year-on-year increase of 7%; The profit is 259.3 billion yuan, an increase of 19% year-on-year. Profits have not decreased, but increased.
The business of QCT can naturally be divided into three parts. Let's now take a look at the most familiar and important aspect, which is the mobile chip business. Qualcomm's sales in this segment are 668.7 billion yuan, an increase of 16% year-on-year.
It can be seen that Qualcomm has not been affected in terms of total sales, total chip sales or mobile phone sales, and sales and profits are growing.
Why? According to Qualcomm, the recovery of mobile phone business in the fourth quarter, the increase in Qualcomm's flagship chip shipments and *** helped maintain sales.
Qualcomm is also working to expand into other business areas. For example, chip sales for the automotive industry reached a record 5$9.8 billion, equivalent to a 31% year-over-year increase, enabled Qualcomm to achieve this goal.
Facts have proved that Huawei's efforts, the use of giraffe chips, and the abandonment of Qualcomm chips will ultimately have a limited impact on Qualcomm, after all, there are not many giraffe chips, and the shipments of Mate 60 are actually not high, and Qualcomm's mobile phone chip sales are too high, Huawei still has to work hard, because the sales volume is less than such a small part of the market can ignore the impact of Qualcomm.
However, there are ** reports that Huawei's terminal shipments this year may exceed 60 million units, and if they all use Kirin chips, this may have a certain impact on Qualcomm, but the impact may not be as big as we think.