Global shipments of advanced smartphone chips are expected to decline 7% in 2026, partially due to rising memory prices, according to data from Counterpoint Research.
Within Qualcomm's chip segment, sales of smartphone semiconductors in the December quarter stood at $7.82 billion, missing Visible Alpha estimates of $7.87 billion.
The company expects mobile phone chips to generate about $6 billion in sales in the second quarter, CFO Akash Palkhiwala said on a post-earnings call. This is below a Visible Alpha estimate of $6.85 billion.
However, at the same time, Counterpoint data shows that smartphone chip revenues are expected to grow in double-digit percentages this year driven by premier-tier demand.
