As the world economy continues to develop, no company can achieve self-sufficiency. Cooperation to win is the normal state of world economic development now. However, in the process of world economic development, the market economy cannot develop completely freely and will still be affected by politics.
This is what Huawei has experienced with its chips. When Huawei's own chips can no longer be produced, Huawei is also actively looking for alternative products. Huawei originally agreed to pay Qualcomm 1.8 billion in patent fees, and it was against this background that the agreement was reached. However, Huawei will also have its own considerations regarding the payment terms of this money.
On October 14, relevant domestic media broke the news that Huawei will suspend payment of 1.8 billion in patent fees until Qualcomm resumes supply. For Qualcomm, this incident will cause them to lose Huawei as an important customer. It will seriously affect Qualcomm's financial data. 1. Qualcomm’s life is even more difficult
All companies are having a difficult time this year. In the context of the economic downturn in the international market, Qualcomm is also having a difficult time. In the third quarter of 2020, Qualcomm's net profit dropped from $2.149 billion in the same period last year to $845 million this year. The decline is still very large, and Qualcomm’s life is difficult.
Originally, after Qualcomm received Huawei’s 1.8 billion patent fee, the company’s financial data would not be too ugly. After Huawei suspended the payment of 1.8 billion patent fees, Qualcomm's life was really difficult. 2. Qualcomm’s market share will be affected
In fact, Huawei has no choice but to do this. More importantly, if Qualcomm cannot resume supply to Huawei in time, Qualcomm will lose Huawei as an important customer.
In the context of a sluggish market economy, as the domestic situation improves, the country will be a good area for the recovery of the world economy. Under such circumstances, after Qualcomm loses Huawei as an important customer, it will have a huge impact on Qualcomm's market share. After all, if Qualcomm does not supply Huawei, other companies will take Qualcomm's place.
Everyone, if you have any different opinions on the impact that Huawei’s suspension of paying 1.8 billion patent fees will have on Qualcomm, you can express your opinion in the comment area.