Fiasco of the Galaxy Note 7 : The results of Qualcomm’s slightly impacted – LeMondeInformatique

Steve Mollenkopf, CEO of Qualcomm expects that the financial situation of the group is slightly affected by the problems of the Galaxy Note 7 Samsung. (credit : D. R.)

The manufacturer of processors Qualcomm believes that the problems related to the Galaxy Note 7 Samsung amputeront its finances very slightly. It has, among others, on the launch of high-end smartphones by other manufacturers to fill a possible shortfall.

If the debacle of the Galaxy Note 7 has weighed heavily on the accounts of Samsung, it might have consequences a little less severe for the manufacturer of processors, Qualcomm has equipped this smartphone. This fiasco is not expected to impact the income of the provider components only slightly, with effects that will be felt from the 1st quarter of 2017. This is what indicated the group’s executives during a conference on the presentation of financial results. For them, the impact of the smartphone to be defective will be of little importance in the accounts of their company, primarily because it sold a lot less of Galaxy Note 7 integrating the chipset Snapdragon 820, Galaxy S7 or S7 Edge

Then, other smartphone manufacturers could announce the high end models shipping chips Snapdragon to replace the Galaxy Note 7, and thus address the decline in sales of our components, pointed out Steve Mollenkopf, CEO of Qualcomm at the conference. It is also possible that Samsung replaces the inside of his defective phone, but whatever it is, the company is well positioned in all the cases, he added.

and yet It seems that Qualcomm is feeling less bothered by the stop of the production of the Galaxy Note 7, and the risks caused by the overheating problems caused last year by its chip Snapdragon 810. As A result, Samsung had made the decision not to use it to equip the Galaxy Note, that abandonment which had significantly impacted the sales of its components, as well as its global turnover. Processors Qualcomm has worked well in smartphones in medium and high-end, which should absorb the effects caused by the discontinuation of the Note 7, have also assured the leaders of the group.

during the fourth quarter, the supplier has totaled a turnover of $ 6.2 billion, up 13% compared to last year. Over the period, the net income increased 51% to $ 1.6 billion. The Snapdragon 820 and 821 are considered the chips to the fastest mobile from the manufacturer. But they will be replaced next year by components also etched by 10 nm, but much faster in terms of CPU and graphics performance.