Qualcomm is so strong, why only sell chips, collect patent fees, and not develop mobile phones?

Qualcomm has always been a giant in the chip industry, and its influence is not limited to the chip itself, but also plays an important role in upgrading the mobile phone and its own communication technology. In fact, Qualcomm's powerful influence stems from its extensive application fields. Many mobile phones have chosen to cooperate with Qualcomm, such as domestic brands such as Xiaomi and OPPO. Their mid-to-high-end models usually use top processors from Qualcomm. Therefore, the development and upgrade of Qualcomm processors are also restricting the release of these new mobile phones. Since Qualcomm's influence is so great that it restricts so many mobile phone manufacturers, why doesn't Qualcomm make its own mobile phones? As we all know, the profit of a complete smart phone is obviously higher than that of a chip. In fact, there is a reason why Qualcomm does not create its own brand and release its own models. It's not that Qualcomm doesn't want to increase profits through smart phones, but because of practical factors, there is no way to produce mobile phones in Qualcomm. First of all, the scale of Qualcomm is not large enough, and its strength is not strong enough, so it is impossible to invest in setting up factories and establishing specialized mobile phone production bases. In addition, the early development and design of mobile phones will cost a lot of money, and Qualcomm may not have that much money to be flexible, which is one of the bottlenecks in Qualcomm at present. In addition to the huge investment in mobile phone manufacturing, the huge competition in the chip market is also a major reason to prevent Qualcomm from entering the mobile phone industry. Huawei's chip manufacturing power has gradually increased, and Samsung's chips have also occupied a large part of the market. Therefore, if Qualcomm fails to invest in mobile phones, it may lose everything, and even the chip business will be affected. Therefore, for Qualcomm, the best way now is to step up research and development and enhance its own strength.