Qualcomm CEO Cristiano Amon told CNBC that the latest modem will significantly outperform Apple's newly launched modem. Amon highlighted that Qualcomm's X85 integrates AI to enhance signal performance, creating a "huge delta" between premium Android and iOS devices. Apple previously relied on Qualcomm for modems but began developing its own after acquiring Intel’s modem business in 2019. Reports suggest Apple is developing modems for higher-end models, but Amon reiterated that Qualcomm does not expect to supply Apple beyond 2026.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Qualcomm CEO Cristiano Amon told CNBC that the company's latest modem will significantly
00:08outperform Apple's newly launched modem. Amon highlighted that the Qualcomm's x85
00:12integrates AI to enhance signal performance, creating a, quote, huge delta, end quote,
00:17between premium Android and iOS devices. Apple previously provided Qualcomm for modems,
00:23began developing its own after acquiring Intel's modem business in 2019. Reports suggest Apple's
00:28developing modems for higher-end models, but Amon reiterated that Qualcomm does not expect
00:32to supply Apple beyond 2026. For all things money, visit Benzinga.com slash GSTV.