[REUTERS] Qualcom Negotiating chip design tailored to ByteDance
[REUTERS] Qualcom Negotiating chip design tailored to ByteDance • Qualcom is in negotiations to provide ByteDance with custom chip design services. • If negotiations are successful, ByteDance is likely to be an early customer of Qualcomm's custom chip division. • Qualcomm is pursuing a diversification strategy to the data center and customized chip market to reduce its revenue dependence on smartphone modem chips. • The chip under discussion is likely to be based on the technology of the "AlphaWave Semi," which Qualcomm acquired last year. • Negotiations are being held informally, and it i…
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