Qualcomm says the global chip shortage will be resolved in 2022

It is said that competition in the mobile phone industry is fierce, and major manufacturers want to be the first in the market and gain more shares. The same is true for mobile phones and mobile phone processors. MediaTek’s performance this year can be said to have crushed their old rival Qualcomm. This also makes Qualcomm feel quite pressured.

Snapdragon 8 Gen 1 Mobile Platform

According to Techpowerup reports, Qualcomm CEO Cristiano Amon said that the current global chip shortage is picking up, and it is expected to improve in 2022. Cristiano Amon also said that compared with 2020, the chip supply in 2022 will be much more abundant.

It is worth mentioning that Alex Katouzian, Qualcomm’s vice president, has also expressed similar views before. As the global supply chain and the epidemic in 2021 have had a great impact on Qualcomm’s chip business, it has caused Qualcomm’s performance in the market to be somewhat sluggish. In 2022, Qualcomm will return to its normal track and gain an advantage in the high-end flagship market.Regarding the new Snapdragon 8 Gen 1 mobile platform, Qualcomm also stated that it is the most powerful mobile phone mobile platform so far and will be put into commercial use at the end of December this year.