Chipmaker Qualcomm said Wednesday it expects the smartphone industry to ship 30% fewer mobile phones in the second quarter as a result of the COVID-19 pandemic, but predicted the demand for 5G smartphones will accelerate from the second half of 2020 into the new year.
As a provider of modem chips to Apple, the predictions give further evidence that the Cupertino-based high-tech giant is on track to release it’s first 5G-ready iPhone lineup later this year simply based on Qualcomm’s estimates of product demand.