Qualcomm in Talks to Design Custom Chips for ByteDance
Qualcomm, known as the leader in smartphone modem technology, is negotiating with ByteDance to create custom-designed chips. This strategic move aims to help Qualcomm navigate the declining smartphone market. It also highlights the determination of US chip manufacturers to maintain their presence in China. Qualcomm aspires to establish itself as a significant player in AI chip design, and its potential first client could be a Chinese company.
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