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Electronics","tier":3,"returns_yearly":{"2021":-16.2,"2022":-20.9,"2023":-5.8,"2024":-9.5,"2025":19.2,"2026":85.5}},{"slug":"ajinomoto","name":"Ajinomoto","name_en":"Ajinomoto","tier":3,"returns_yearly":{"2021":31,"2022":36,"2023":44.5,"2024":4,"2025":14.1,"2026":63.7}},{"slug":"advanced-energy","name":"어드밴스드에너지","name_en":"Advanced Energy Industries","tier":3,"returns_yearly":{"2021":-5.7,"2022":-5.4,"2023":27.5,"2024":6.6,"2025":81.6,"2026":47.2}},{"slug":"tsmc","name":"TSMC","name_en":"TSMC","tier":3,"returns_yearly":{"2021":12.1,"2022":-36.7,"2023":42.3,"2024":92.6,"2025":55.9,"2026":43.6}},{"slug":"smc","name":"SMC Corporation","name_en":"SMC Corporation","tier":3,"returns_yearly":{"2021":0.9,"2022":4.5,"2023":28.6,"2024":-28,"2025":4.2,"2026":26.6}},{"slug":"dupont","name":"듀폰","name_en":"DuPont","tier":3,"returns_yearly":{"2021":15.4,"2022":-13.4,"2023":14.4,"2024":1,"2025":28.7,"2026":12.6}},{"slug":"yokogawa-electric","name":"요코가와전기","name_en":"Yokogawa Electric","tier":3,"returns_yearly":{"2021":-15.9,"2022":23.6,"2023":30.6,"2024":18.8,"2025":52.3,"2026":9.4}},{"slug":"wonik-qnc","name":"원익QnC","name_en":"Wonik QnC","tier":3,"returns_yearly":{"2021":26.2,"2022":2,"2023":11.9,"2024":-33.7,"2025":53.4,"2026":9.3}},{"slug":"siemens-ag","name":"지멘스","name_en":"Siemens AG","tier":3,"returns_yearly":{"2021":12.2,"2022":5.1,"2023":20.1,"2024":28,"2025":26.4,"2026":8.7}},{"slug":"hana-micron","name":"하나마이크론","name_en":"Hana Micron","tier":3,"returns_yearly":{"2021":109,"2022":-41,"2023":143.5,"2024":-52.4,"2025":269.3,"2026":5.3}},{"slug":"tck","name":"티씨케이","name_en":"TCK (Tokai Carbon Korea)","tier":3,"returns_yearly":{"2021":-10.1,"2022":-16.9,"2023":2.8,"2024":-28.7,"2025":225.7,"2026":-2.5}},{"slug":"skyworks-solutions","name":"스카이웍스 솔루션스","name_en":"Skyworks Solutions","tier":3,"returns_yearly":{"2021":2.7,"2022":-39.9,"2023":26.5,"2024":-18.9,"2025":-25.5,"2026":-2.8}},{"slug":"hoya","name":"호야","name_en":"Hoya Corporation","tier":3,"returns_yearly":{"2021":10.8,"2022":-3,"2023":34.4,"2024":11.3,"2025":24.9,"2026":-2.9}},{"slug":"nitto-denko","name":"닛토덴코","name_en":"Nitto Denko","tier":3,"returns_yearly":{"2021":-4.3,"2022":-2.9,"2023":51.3,"2024":14.7,"2025":26,"2026":-5.9}},{"slug":"hitachi","name":"히타치","name_en":"Hitachi","tier":3,"returns_yearly":{"2021":40.6,"2022":16.7,"2023":75.4,"2024":71.1,"2025":37.5,"2026":-11.8}},{"slug":"cosmo-advanced-materials-technology","name":"코스모신소재","name_en":"Cosmo Advanced Materials & Technology","tier":3,"returns_yearly":{"2021":121.4,"2022":48.7,"2023":128.9,"2024":-60.4,"2025":-3.4,"2026":-22.5}},{"slug":"ecopro-hn","name":"에코프로에이치엔","name_en":"Ecopro HN","tier":3,"returns_yearly":{"2022":4.6,"2023":17,"2024":-47.7,"2025":38,"2026":-32}},{"slug":"sfa-engineering","name":"SFA","name_en":"SFA Engineering","tier":3,"returns_yearly":{"2021":-7.8,"2022":13,"2023":-26.9,"2024":-28.9,"2025":84.8,"2026":-32.7}},{"slug":"carl-zeiss-smt","name":"Carl Zeiss SMT","name_en":"Carl Zeiss SMT","tier":3,"returns_yearly":null},{"slug":"trumpf","name":"TRUMPF","name_en":"TRUMPF","tier":3,"returns_yearly":null}],"analysis":"팹리스 모바일 AP·모뎀(스냅드래곤) 기업. 최근 몇 년간 견조한 상승이 이어졌고 2026년 +11.7%다. 공급단(평균 +154%)이 본주(+11.7%)보다 세게 움직였다. 공급 병목 국면의 전형으로, 본주 마진보다 공급사 물량 레버리지가 먼저 반영되고 있다는 신호다. 연결 노드 중 가장 앞선 곳은 소이텍(+271.9%), 가장 처진 곳은 애플(+16.2%)다. 격차가 사슬 논리로 설명되면 후자가 다음 전파 후보이고, 설명되지 않으면 그 연결 자체를 다시 봐야 한다. 파운드리 TSMC(+삼성). ARM IP·EDA 의존. 고객 스마트폰 OEM·애플.","analysis_en":"Qualcomm operates across Fabless mobile SoC and modems (Snapdragon). It stayed steadily positive in recent years and is +11.7% in 2026. The supply side (avg +154%) has moved harder than the stock (+11.7%). That is the classic bottleneck pattern: supplier volume leverage is being priced before this layer's own margin. Among connected nodes the furthest ahead is Soitec (+271.9%) and the furthest behind is Apple (+16.2%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Supplies modems to Apple and others; depends on EDA (Synopsys, Cadence) and Arm IP.","analysis_asof":"2026-07-10"},"edges":[{"direction":"revenue","counterparty":"LG전자 VS (전장 반도체)","counterparty_slug":"lg-electronics","confidence":"high","metric":{"type":"amount","unit":"KRW","value":414600000000,"period":"FY2025 LG전자 VS Chip","qualifier":"shared_with_NXP"},"note":"LG전자 전장(VS) 텔레매틱스·인포테인먼트용 반도체를 공급(NXP 등과 함께) — FY2025 VS Chip 매입 4,146억원 축.","note_en":"Supplies chips for LG Electronics' VS telematics/infotainment (with NXP and others) — part of the KRW 414.6bn FY2025 VS chip line.","sources":[{"stance":"confirms","publisher":"금융감독원 전자공시(DART)","publisher_en":"DART (FSS)","kind":"filing","lang":"ko","published_at":"2026-03-13","url":"https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260313000662","title":"LG전자 사업보고서 (제24기, FY2025)","title_en":"LG Electronics business report (24th term, FY2025)","excerpt":"LG전자 VS Chip 매입처 NXP·Qualcomm 등","excerpt_en":"Qualcomm/NXP among LG Electronics' VS chip suppliers"}]},{"direction":"revenue","counterparty":"Apple","counterparty_slug":"apple","confidence":"high","metric":{"type":"revenue","unit":"USD","basis":"연간 매출","value":38962000000,"period":"FY2024","basis_en":"annual revenue","qualifier":"approx"},"note":"Apple에 5G 모뎀 칩 공급.","note_en":"Supplies 5G modem chips to Apple.","sources":[{"stance":"confirms","publisher":"한국경제","publisher_en":"Korea Economic Daily","kind":"news","lang":"ko","published_at":"2026-01-07","url":"https://www.hankyung.com/article/2026010776221","title":"삼성 파운드리, 퀄컴 물량 따내고 TSMC 추격","title_en":"Samsung Foundry wins Qualcomm orders, chases TSMC","excerpt":"삼성과 2나노 파운드리 재논의.","excerpt_en":"Samsung in talks for 2nm foundry."},{"stance":"confirms","publisher":"Qualcomm (SEC EDGAR)","publisher_en":"Qualcomm (SEC EDGAR)","kind":"filing","lang":"en","published_at":"2025-11-05","url":"https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm","title":"퀄컴 10-K (FY2025, 9월 결산)","title_en":"Qualcomm Form 10-K (FY2025, ended Sep 28 2025)","excerpt":"In fiscal 2025, revenues from Apple, Samsung and Xiaomi each comprised 10% or more of consolidated revenues; Apple buys MDM (thin modem) products and is expected to increasingly use its own modem, a significant negative to QCT.","excerpt_en":"In fiscal 2025, revenues from Apple, Samsung and Xiaomi each comprised 10% or more of consolidated revenues; Apple buys MDM (thin modem) products and is expected to increasingly use its own modem, a significant negative to QCT."},{"stance":"confirms","publisher":"TrendForce","publisher_en":"TrendForce","kind":"news","lang":"en","published_at":"2025-03-26","url":"https://www.trendforce.com/news/2025/03/26/news-qualcomm-reportedly-skips-samsung-taps-tsmcs-4nm-for-latest-snapdragon-8s-gen-4/","title":"퀄컴, 스냅드래곤 8s Gen4를 TSMC 4nm로","title_en":"Qualcomm taps TSMC 4nm for Snapdragon 8s Gen 4","excerpt":"스냅드래곤 최첨단 물량 TSMC로.","excerpt_en":"Leading-edge Snapdragon volume moved to TSMC."},{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2024-11-06","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=QCOM&type=10-K","title":"Qualcomm 연례보고서 (10-K)","title_en":"Qualcomm Form 10-K","excerpt":"10-K: QCT 칩셋·QTL 라이선스.","excerpt_en":"10-K: QCT chipsets and QTL licensing."}]},{"direction":"revenue","counterparty":"스마트폰 OEM (삼성·샤오미 등)","counterparty_slug":null,"confidence":"high","metric":{"type":"revenue","unit":"USD","as_of":"2025-09","basis":"QCT 핸드셋 FY2025 매출(삼성 ≥10%)","value":27793000000,"period":"FY2025","basis_en":"QCT Handsets FY2025 revenue (Samsung >=10%)"},"note":"스냅드래곤 AP·모뎀을 스마트폰 OEM에 공급.","note_en":"Supplies Snapdragon SoCs/modems to smartphone OEMs.","sources":[{"stance":"confirms","publisher":"한국경제","publisher_en":"Korea Economic Daily","kind":"news","lang":"ko","published_at":"2026-01-07","url":"https://www.hankyung.com/article/2026010776221","title":"삼성 파운드리, 퀄컴 물량 따내고 TSMC 추격","title_en":"Samsung Foundry wins Qualcomm orders, chases TSMC","excerpt":"갤럭시·샤오미 등 스냅드래곤 탑재.","excerpt_en":"Galaxy, Xiaomi and others use Snapdragon."},{"stance":"confirms","publisher":"Qualcomm (SEC EDGAR)","publisher_en":"Qualcomm (SEC EDGAR)","kind":"filing","lang":"en","published_at":"2025-11-05","url":"https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm","title":"퀄컴 10-K (FY2025, 9월 결산)","title_en":"Qualcomm Form 10-K (FY2025, ended Sep 28 2025)","excerpt":"QCT Handsets revenue $27,793M in FY2025; Samsung comprised 10%+ of consolidated revenues.","excerpt_en":"QCT Handsets revenue $27,793M in FY2025; Samsung comprised 10%+ of consolidated revenues."}]},{"direction":"revenue","counterparty":"샤오미","counterparty_slug":"xiaomi","confidence":"high","metric":{"type":"revenue_share","unit":"%","as_of":"2025-09","basis":"FY2025 10-K 고객 집중도","value":10,"basis_en":"FY2025 10-K customer concentration","qualifier":"ge_10pct"},"note":"플래그십 스냅드래곤 AP 판매(세계 3위 스마트폰 제조사).","note_en":"Flagship Snapdragon APs to the world's No.3 smartphone maker.","sources":[{"stance":"confirms","publisher":"Qualcomm (SEC EDGAR)","publisher_en":"Qualcomm (SEC EDGAR)","kind":"filing","lang":"en","published_at":"2025-11-05","url":"https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm","title":"퀄컴 10-K (FY2025, 9월 결산)","title_en":"Qualcomm Form 10-K (FY2025, ended Sep 28 2025)","excerpt":"Xiaomi comprised 10% or more of Qualcomm's fiscal 2025 consolidated revenues (three 10%+ customers at 21%/20%/13%).","excerpt_en":"Xiaomi comprised 10% or more of Qualcomm's fiscal 2025 consolidated revenues (three 10%+ customers at 21%/20%/13%)."},{"stance":"mentions","publisher":"CNBC","publisher_en":"CNBC","kind":"news","lang":"en","published_at":"2025-05-19","url":"https://www.cnbc.com/2025/05/19/chinas-xiaomi-commits-6point9-billion-to-in-house-chips.html","title":"샤오미, 자체 칩에 $69억 투자 공약","title_en":"Xiaomi commits $6.9 billion to 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production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT."},{"stance":"confirms","publisher":"트렌드포스","publisher_en":"TrendForce","kind":"analysis","lang":"en","published_at":"2025-05-13","url":"https://www.trendforce.com/presscenter/news/20250513-12577.html","title":"2024 OSAT 톱10(PTI 5위)","title_en":"Top 10 OSAT 2024 (PTI No.5)","excerpt":"JCET에서 후공정 조립·테스트 이용.","excerpt_en":"Uses assembly and test from JCET."},{"stance":"confirms","publisher":"JCET","publisher_en":"JCET","kind":"ir","lang":"en","published_at":"2025-05-01","url":"https://www.jcetglobal.com/en/","title":"JCET IR","title_en":"JCET IR","excerpt":"JCET에서 후공정 조립·테스트 이용.","excerpt_en":"Uses assembly and test from JCET."}]},{"direction":"cost","counterparty":"Arm Holdings","counterparty_slug":"arm","confidence":"high","metric":{"basis":"FY2025 10-K: 팹리스·한정/단독 공급사 의존(금액 미공시)","basis_en":"FY2025 10-K: fabless; sole/limited-source suppliers, value 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EDGAR)","kind":"filing","lang":"en","published_at":"2025-11-05","url":"https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm","title":"퀄컴 10-K (FY2025, 9월 결산)","title_en":"Qualcomm Form 10-K (FY2025, ended Sep 28 2025)","excerpt":"QCT utilizes a fabless production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT.","excerpt_en":"QCT utilizes a fabless production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT."},{"stance":"confirms","publisher":"TrendForce","publisher_en":"TrendForce","kind":"news","lang":"en","published_at":"2025-03-26","url":"https://www.trendforce.com/news/2025/03/26/news-qualcomm-reportedly-skips-samsung-taps-tsmcs-4nm-for-latest-snapdragon-8s-gen-4/","title":"퀄컴, 스냅드래곤 8s Gen4를 TSMC 4nm로","title_en":"Qualcomm taps TSMC 4nm for Snapdragon 8s Gen 4","excerpt":"스냅드래곤 최첨단 물량 TSMC로.","excerpt_en":"Leading-edge Snapdragon volume moved to TSMC."},{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2024-11-06","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=QCOM&type=10-K","title":"Qualcomm 연례보고서 (10-K)","title_en":"Qualcomm Form 10-K","excerpt":"10-K: QCT 칩셋·QTL 라이선스.","excerpt_en":"10-K: QCT chipsets and QTL licensing."},{"stance":"confirms","publisher":"Arm IR","publisher_en":"Arm IR","kind":"ir","lang":"en","published_at":"2024-07-01","url":"https://investors.arm.com/static-files/219a3b28-f209-4d74-8bc6-f9e026d55a95","title":"Arm 연차보고서 FY2024","title_en":"Arm Annual Report FY2024","excerpt":"FY2024 매출 $3.23B.","excerpt_en":"FY2024 revenue $3.23B."},{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2024-05-22","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=ARM&type=20-F","title":"Arm 연례보고서 (20-F)","title_en":"Arm Holdings Form 20-F","excerpt":"20-F: 라이선스·로열티 매출.","excerpt_en":"20-F: licensing and royalty revenue."}]},{"direction":"cost","counterparty":"TSMC","counterparty_slug":"tsmc","confidence":"high","metric":{"basis":"FY2025 10-K: 팹리스·한정/단독 공급사 의존(금액 미공시)","basis_en":"FY2025 10-K: fabless; sole/limited-source suppliers, value undisclosed","qualifier":"confirmed_no_disclosed_value"},"note":"TSMC에서 첨단 파운드리 위탁생산 매입/사용.","note_en":"Uses/buys leading-edge foundry from TSMC.","sources":[{"stance":"confirms","publisher":"한국경제","publisher_en":"Korea Economic Daily","kind":"news","lang":"ko","published_at":"2026-01-07","url":"https://www.hankyung.com/article/2026010776221","title":"삼성 파운드리, 퀄컴 물량 따내고 TSMC 추격","title_en":"Samsung Foundry wins Qualcomm orders, chases TSMC","excerpt":"삼성과 2나노 파운드리 재논의.","excerpt_en":"Samsung in talks for 2nm foundry."},{"stance":"confirms","publisher":"Qualcomm (SEC EDGAR)","publisher_en":"Qualcomm (SEC EDGAR)","kind":"filing","lang":"en","published_at":"2025-11-05","url":"https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm","title":"퀄컴 10-K (FY2025, 9월 결산)","title_en":"Qualcomm Form 10-K (FY2025, ended Sep 28 2025)","excerpt":"QCT utilizes a fabless production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT.","excerpt_en":"QCT utilizes a fabless production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT."},{"stance":"confirms","publisher":"TrendForce","publisher_en":"TrendForce","kind":"news","lang":"en","published_at":"2025-03-26","url":"https://www.trendforce.com/news/2025/03/26/news-qualcomm-reportedly-skips-samsung-taps-tsmcs-4nm-for-latest-snapdragon-8s-gen-4/","title":"퀄컴, 스냅드래곤 8s Gen4를 TSMC 4nm로","title_en":"Qualcomm taps TSMC 4nm for Snapdragon 8s Gen 4","excerpt":"스냅드래곤 최첨단 물량 TSMC로.","excerpt_en":"Leading-edge Snapdragon volume moved to TSMC."},{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2024-11-06","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=QCOM&type=10-K","title":"Qualcomm 연례보고서 (10-K)","title_en":"Qualcomm Form 10-K","excerpt":"10-K: QCT 칩셋·QTL 라이선스.","excerpt_en":"10-K: QCT chipsets and QTL licensing."}]},{"direction":"investment","counterparty":"QSI 전략투자 (스타트업·자본배치)","counterparty_slug":null,"confidence":"high","metric":{"qualifier":"strategic_venture_investments"},"note":"퀄컴은 QCT·QTL 외에 QSI(Qualcomm Strategic Investments)로 유망 기술 스타트업·기업에 전략적 지분 투자를 집행한다 — 자동차·IoT·AI 등 성장영역 생태계를 선점하고 미래 칩 수요를 심는 자본배치 구조로, 애플 모뎀 이탈에 대비한 다변화 전략과 맞물린다.","note_en":"Beyond QCT and QTL, Qualcomm deploys strategic equity investments in promising technology startups and companies through QSI (Qualcomm Strategic Investments) — a capital-allocation structure that seeds ecosystems in growth areas (automotive, IoT, AI) and future chip demand, aligned with diversification against Apple's modem exit.","sources":[{"stance":"confirms","publisher":"Qualcomm (SEC EDGAR)","publisher_en":"Qualcomm (SEC EDGAR)","kind":"filing","lang":"en","published_at":"2025-11-05","url":"https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm","title":"퀄컴 10-K (FY2025, 9월 결산)","title_en":"Qualcomm Form 10-K (FY2025, ended Sep 28 2025)","excerpt":"We conduct business primarily through QCT and QTL, while QSI makes strategic investments.","excerpt_en":"We conduct business primarily through QCT and QTL, while QSI makes strategic investments."}]},{"direction":"revenue","counterparty":"교세라","counterparty_slug":"kyocera","confidence":"high","metric":{"part":"snapdragon_soc","qualifier":"chipset_supply"},"note":"교세라 러기드 스마트폰(DuraForce)용 스냅드래곤 칩셋을 공급 — 퀄컴에겐 다수 단말 OEM 중 하나이나, 교세라 단말의 성능을 규정하는 핵심 공급 관계.","note_en":"Supplies Snapdragon chipsets for Kyocera's rugged DuraForce smartphones — one of many handset OEMs for Qualcomm, but the supply relationship that defines the performance of Kyocera's devices.","sources":[{"stance":"confirms","publisher":"Qualcomm (SEC EDGAR)","publisher_en":"Qualcomm (SEC EDGAR)","kind":"filing","lang":"en","published_at":"2025-11-05","url":"https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm","title":"퀄컴 10-K (FY2025, 9월 결산)","title_en":"Qualcomm Form 10-K (FY2025, ended Sep 28 2025)","excerpt":"QCT IoT revenue grew 22% to $6,617M in FY2025 (consumer, industrial, edge networking).","excerpt_en":"QCT IoT revenue grew 22% to $6,617M in FY2025 (consumer, industrial, edge networking)."},{"stance":"confirms","publisher":"Qualcomm","publisher_en":"Qualcomm","kind":"news","lang":"en","published_at":"2025-06-01","url":"https://www.qualcomm.com/smartphones/device-finder/kyocera-corporation-duraforce-ultra-5g","title":"퀄컴 기기 파인더 — 교세라 DuraForce Ultra 5G (Snapdragon)","title_en":"Qualcomm device finder — Kyocera DuraForce Ultra 5G (Snapdragon)","excerpt":"퀄컴 기기 파인더 — 교세라 DuraForce Ultra 5G(Snapdragon 탑재).","excerpt_en":"Qualcomm device finder — Kyocera DuraForce Ultra 5G with Snapdragon."}]},{"direction":"revenue","counterparty":"제너럴 모터스","counterparty_slug":"general-motors","confidence":"mid","metric":{"type":"revenue","unit":"USD","as_of":"2025-09","basis":"QCT 오토모티브 FY2025 매출(+36%, 다변화)","value":3957000000,"period":"FY2025","basis_en":"QCT Automotive FY2025 revenue (+36%, diversification)"},"note":"GM 차량의 콕핏·텔레매틱스·ADAS 칩 공급.","note_en":"Cockpit, telematics and ADAS chips for GM vehicles.","sources":[{"stance":"confirms","publisher":"Qualcomm (SEC EDGAR)","publisher_en":"Qualcomm (SEC EDGAR)","kind":"filing","lang":"en","published_at":"2025-11-05","url":"https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm","title":"퀄컴 10-K (FY2025, 9월 결산)","title_en":"Qualcomm Form 10-K (FY2025, ended Sep 28 2025)","excerpt":"QCT Automotive revenue grew 36% to $3,957M in FY2025 (digital cockpit, ADAS/AD).","excerpt_en":"QCT Automotive revenue grew 36% to $3,957M in FY2025 (digital cockpit, ADAS/AD)."},{"stance":"confirms","publisher":"Green Car Congress","publisher_en":"Green Car Congress","kind":"news","lang":"en","published_at":"2021-01-27","url":"https://www.greencarcongress.com/2021/01/20210127-qualcommgm.html","title":"GM·퀄컴, 디지털 콕핏·ADAS 협력 확장","title_en":"GM and Qualcomm extend digital cockpit and ADAS relationship","excerpt":"Snapdragon platforms power GM digital cockpits and ADAS.","excerpt_en":"Snapdragon powers GM cockpits and ADAS."}]},{"direction":"cost","counterparty":"KYEC","counterparty_slug":"kyec","confidence":"mid","metric":{"basis":"FY2025 10-K: 팹리스·한정/단독 공급사 의존(금액 미공시)","basis_en":"FY2025 10-K: fabless; sole/limited-source suppliers, value undisclosed","qualifier":"confirmed_no_disclosed_value"},"note":"KYEC에서 반도체 테스트 이용.","note_en":"Uses semiconductor test from KYEC.","sources":[{"stance":"confirms","publisher":"Qualcomm (SEC EDGAR)","publisher_en":"Qualcomm (SEC EDGAR)","kind":"filing","lang":"en","published_at":"2025-11-05","url":"https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm","title":"퀄컴 10-K (FY2025, 9월 결산)","title_en":"Qualcomm Form 10-K (FY2025, ended Sep 28 2025)","excerpt":"QCT utilizes a fabless production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT.","excerpt_en":"QCT utilizes a fabless production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT."},{"stance":"confirms","publisher":"KYEC","publisher_en":"KYEC","kind":"ir","lang":"en","published_at":"2025-05-01","url":"https://www.kyec.com.tw/en/","title":"KYEC IR","title_en":"KYEC IR","excerpt":"KYEC에서 반도체 테스트 이용.","excerpt_en":"Uses semiconductor test from KYEC."},{"stance":"confirms","publisher":"Mordor Intelligence","publisher_en":"Mordor","kind":"analysis","lang":"en","published_at":"2025-01-01","url":"https://www.mordorintelligence.com/industry-reports/osat-market/companies","title":"OSAT 테스트 전문 KYEC","title_en":"KYEC, a pure-play test OSAT","excerpt":"KYEC에서 반도체 테스트 이용.","excerpt_en":"Uses semiconductor test from KYEC."}]},{"direction":"cost","counterparty":"UMC","counterparty_slug":"umc","confidence":"mid","metric":{"basis":"FY2025 10-K: 팹리스·한정/단독 공급사 의존(금액 미공시)","basis_en":"FY2025 10-K: fabless; sole/limited-source suppliers, value undisclosed","qualifier":"confirmed_no_disclosed_value"},"note":"UMC에 성숙노드 위탁생산 지급.","note_en":"Pays UMC for mature-node foundry.","sources":[{"stance":"confirms","publisher":"Qualcomm (SEC EDGAR)","publisher_en":"Qualcomm (SEC EDGAR)","kind":"filing","lang":"en","published_at":"2025-11-05","url":"https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm","title":"퀄컴 10-K (FY2025, 9월 결산)","title_en":"Qualcomm Form 10-K (FY2025, ended Sep 28 2025)","excerpt":"QCT utilizes a fabless production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT.","excerpt_en":"QCT utilizes a fabless production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT."},{"stance":"confirms","publisher":"Tom's Hardware","publisher_en":"Tom's Hardware","kind":"news","lang":"en","published_at":"2025-06-15","url":"https://www.tomshardware.com/tech-industry/semiconductors/the-trailing-edge-foundry-roadmap-examined","title":"UMC 성숙노드 로드맵·주요 고객(TI·미디어텍·퀄컴)","title_en":"UMC mature-node roadmap and major customers (TI, MediaTek, Qualcomm)","excerpt":"UMC의 주요 고객에 퀄컴 포함 — 22/28nm 성숙·특수공정 위탁(매출의 40%대).","excerpt_en":"UMC's major customers include Qualcomm; outsources mature/specialty 22/28nm (~40% of UMC sales)."}]},{"direction":"cost","counterparty":"리노공업","counterparty_slug":"leeno","confidence":"mid","metric":{"basis":"FY2025 10-K: 팹리스·한정/단독 공급사 의존(금액 미공시)","basis_en":"FY2025 10-K: fabless; sole/limited-source suppliers, value undisclosed","qualifier":"confirmed_no_disclosed_value"},"note":"리노공업에서 테스트 소켓·핀 매입.","note_en":"Purchases test sockets and pins from Leeno Industrial.","sources":[{"stance":"confirms","publisher":"Qualcomm (SEC EDGAR)","publisher_en":"Qualcomm (SEC EDGAR)","kind":"filing","lang":"en","published_at":"2025-11-05","url":"https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm","title":"퀄컴 10-K (FY2025, 9월 결산)","title_en":"Qualcomm Form 10-K (FY2025, ended Sep 28 2025)","excerpt":"QCT utilizes a fabless production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT.","excerpt_en":"QCT utilizes a fabless production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT."},{"stance":"confirms","publisher":"리노공업","publisher_en":"Leeno","kind":"ir","lang":"en","published_at":"2025-05-01","url":"https://www.leeno.com","title":"리노공업 IR","title_en":"Leeno IR","excerpt":"리노공업에서 테스트 소켓·핀 매입.","excerpt_en":"Buys test sockets and pins from Leeno Industrial."},{"stance":"confirms","publisher":"코머신","publisher_en":"Komachine","kind":"analysis","lang":"ko","published_at":"2025-01-01","url":"https://www.komachine.com/ko/companies/leeno","title":"리노공업 소개","title_en":"Leeno profile","excerpt":"리노공업에서 테스트 소켓·핀 매입.","excerpt_en":"Buys test sockets and pins from Leeno Industrial."}]},{"direction":"cost","counterparty":"Siemens EDA","counterparty_slug":"siemens-eda","confidence":"mid","metric":{"basis":"FY2025 10-K: 팹리스·한정/단독 공급사 의존(금액 미공시)","basis_en":"FY2025 10-K: fabless; sole/limited-source suppliers, value undisclosed","qualifier":"confirmed_no_disclosed_value"},"note":"지멘스 EDA(Calibre 등) 라이선스 지급.","note_en":"Pays for Siemens EDA (Calibre etc.) licenses.","sources":[{"stance":"confirms","publisher":"위키백과","publisher_en":"Wikipedia","kind":"news","lang":"ko","published_at":"2026-01-01","url":"https://ko.wikipedia.org/wiki/멘토_그래픽스","title":"멘토 그래픽스(지멘스 EDA)","title_en":"Mentor Graphics (Siemens EDA)","excerpt":"Qualcomm가 지멘스 EDA(Calibre·Tessent·Questa) 라이선스로 칩 설계.","excerpt_en":"qualcomm designs chips on Siemens EDA (Calibre/Tessent/Questa)."},{"stance":"confirms","publisher":"Qualcomm (SEC EDGAR)","publisher_en":"Qualcomm (SEC EDGAR)","kind":"filing","lang":"en","published_at":"2025-11-05","url":"https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm","title":"퀄컴 10-K (FY2025, 9월 결산)","title_en":"Qualcomm Form 10-K (FY2025, ended Sep 28 2025)","excerpt":"QCT utilizes a fabless production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT.","excerpt_en":"QCT utilizes a fabless production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT."},{"stance":"confirms","publisher":"SemiWiki","publisher_en":"SemiWiki","kind":"research","lang":"en","published_at":"2025-06-01","url":"https://semiwiki.com/wikis/company-wikis/mentor-graphics-wiki/","title":"Siemens EDA(멘토그래픽스) 위키","title_en":"Siemens EDA (Mentor Graphics) wiki","excerpt":"Qualcomm가 지멘스 EDA(Calibre·Tessent·Questa) 라이선스로 칩 설계.","excerpt_en":"qualcomm designs chips on Siemens EDA (Calibre/Tessent/Questa)."}]},{"direction":"cost","counterparty":"Cadence Design Systems","counterparty_slug":"cadence","confidence":"mid","metric":{"basis":"FY2025 10-K: 팹리스·한정/단독 공급사 의존(금액 미공시)","basis_en":"FY2025 10-K: fabless; sole/limited-source suppliers, value undisclosed","qualifier":"confirmed_no_disclosed_value"},"note":"Cadence Design Systems에서 EDA 설계 툴 매입/사용.","note_en":"Uses/buys EDA design tools from Cadence Design Systems.","sources":[{"stance":"confirms","publisher":"한국경제","publisher_en":"Korea Economic Daily","kind":"news","lang":"ko","published_at":"2026-01-07","url":"https://www.hankyung.com/article/2026010776221","title":"삼성 파운드리, 퀄컴 물량 따내고 TSMC 추격","title_en":"Samsung Foundry wins Qualcomm orders, chases TSMC","excerpt":"삼성과 2나노 파운드리 재논의.","excerpt_en":"Samsung in talks for 2nm foundry."},{"stance":"confirms","publisher":"Qualcomm (SEC EDGAR)","publisher_en":"Qualcomm (SEC EDGAR)","kind":"filing","lang":"en","published_at":"2025-11-05","url":"https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm","title":"퀄컴 10-K (FY2025, 9월 결산)","title_en":"Qualcomm Form 10-K (FY2025, ended Sep 28 2025)","excerpt":"QCT utilizes a fabless production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT.","excerpt_en":"QCT utilizes a fabless production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT."},{"stance":"confirms","publisher":"TrendForce","publisher_en":"TrendForce","kind":"news","lang":"en","published_at":"2025-03-26","url":"https://www.trendforce.com/news/2025/03/26/news-qualcomm-reportedly-skips-samsung-taps-tsmcs-4nm-for-latest-snapdragon-8s-gen-4/","title":"퀄컴, 스냅드래곤 8s Gen4를 TSMC 4nm로","title_en":"Qualcomm taps TSMC 4nm for Snapdragon 8s Gen 4","excerpt":"스냅드래곤 최첨단 물량 TSMC로.","excerpt_en":"Leading-edge Snapdragon volume moved to TSMC."},{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2024-11-06","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=QCOM&type=10-K","title":"Qualcomm 연례보고서 (10-K)","title_en":"Qualcomm Form 10-K","excerpt":"10-K: QCT 칩셋·QTL 라이선스.","excerpt_en":"10-K: QCT chipsets and QTL licensing."}]},{"direction":"cost","counterparty":"삼성전자","counterparty_slug":"samsung-electronics","confidence":"mid","metric":{"basis":"FY2025 10-K: 팹리스·한정/단독 공급사 의존(금액 미공시)","basis_en":"FY2025 10-K: fabless; sole/limited-source suppliers, value undisclosed","qualifier":"confirmed_no_disclosed_value"},"note":"Samsung Electronics에서 파운드리 위탁생산(일부·2나노 논의) 매입/사용.","note_en":"Uses/buys foundry (partial, 2nm talks) from Samsung Electronics.","sources":[{"stance":"confirms","publisher":"한국경제","publisher_en":"Korea Economic Daily","kind":"news","lang":"ko","published_at":"2026-01-07","url":"https://www.hankyung.com/article/2026010776221","title":"삼성 파운드리, 퀄컴 물량 따내고 TSMC 추격","title_en":"Samsung Foundry wins Qualcomm orders, chases TSMC","excerpt":"삼성과 2나노 파운드리 재논의.","excerpt_en":"Samsung in talks for 2nm foundry."},{"stance":"confirms","publisher":"Qualcomm (SEC EDGAR)","publisher_en":"Qualcomm (SEC EDGAR)","kind":"filing","lang":"en","published_at":"2025-11-05","url":"https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm","title":"퀄컴 10-K (FY2025, 9월 결산)","title_en":"Qualcomm Form 10-K (FY2025, ended Sep 28 2025)","excerpt":"QCT utilizes a fabless production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT.","excerpt_en":"QCT utilizes a fabless production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT."},{"stance":"confirms","publisher":"TrendForce","publisher_en":"TrendForce","kind":"news","lang":"en","published_at":"2025-03-26","url":"https://www.trendforce.com/news/2025/03/26/news-qualcomm-reportedly-skips-samsung-taps-tsmcs-4nm-for-latest-snapdragon-8s-gen-4/","title":"퀄컴, 스냅드래곤 8s Gen4를 TSMC 4nm로","title_en":"Qualcomm taps TSMC 4nm for Snapdragon 8s Gen 4","excerpt":"스냅드래곤 최첨단 물량 TSMC로.","excerpt_en":"Leading-edge Snapdragon volume moved to TSMC."},{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2024-11-06","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=QCOM&type=10-K","title":"Qualcomm 연례보고서 (10-K)","title_en":"Qualcomm Form 10-K","excerpt":"10-K: QCT 칩셋·QTL 라이선스.","excerpt_en":"10-K: QCT chipsets and QTL licensing."}]},{"direction":"cost","counterparty":"Synopsys","counterparty_slug":"synopsys","confidence":"mid","metric":{"basis":"FY2025 10-K: 팹리스·한정/단독 공급사 의존(금액 미공시)","basis_en":"FY2025 10-K: fabless; sole/limited-source suppliers, value undisclosed","qualifier":"confirmed_no_disclosed_value"},"note":"Synopsys에서 EDA 설계 툴 매입/사용.","note_en":"Uses/buys EDA design tools from Synopsys.","sources":[{"stance":"confirms","publisher":"한국경제","publisher_en":"Korea Economic Daily","kind":"news","lang":"ko","published_at":"2026-01-07","url":"https://www.hankyung.com/article/2026010776221","title":"삼성 파운드리, 퀄컴 물량 따내고 TSMC 추격","title_en":"Samsung Foundry wins Qualcomm orders, chases TSMC","excerpt":"삼성과 2나노 파운드리 재논의.","excerpt_en":"Samsung in talks for 2nm foundry."},{"stance":"confirms","publisher":"Qualcomm (SEC EDGAR)","publisher_en":"Qualcomm (SEC EDGAR)","kind":"filing","lang":"en","published_at":"2025-11-05","url":"https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm","title":"퀄컴 10-K (FY2025, 9월 결산)","title_en":"Qualcomm Form 10-K (FY2025, ended Sep 28 2025)","excerpt":"QCT utilizes a fabless production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT.","excerpt_en":"QCT utilizes a fabless production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT."},{"stance":"confirms","publisher":"TrendForce","publisher_en":"TrendForce","kind":"news","lang":"en","published_at":"2025-03-26","url":"https://www.trendforce.com/news/2025/03/26/news-qualcomm-reportedly-skips-samsung-taps-tsmcs-4nm-for-latest-snapdragon-8s-gen-4/","title":"퀄컴, 스냅드래곤 8s Gen4를 TSMC 4nm로","title_en":"Qualcomm taps TSMC 4nm for Snapdragon 8s Gen 4","excerpt":"스냅드래곤 최첨단 물량 TSMC로.","excerpt_en":"Leading-edge Snapdragon volume moved to TSMC."},{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2024-11-06","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=QCOM&type=10-K","title":"Qualcomm 연례보고서 (10-K)","title_en":"Qualcomm Form 10-K","excerpt":"10-K: QCT 칩셋·QTL 라이선스.","excerpt_en":"10-K: QCT chipsets and QTL licensing."}]},{"direction":"cost","counterparty":"Soitec","counterparty_slug":"soitec","confidence":"mid","metric":{"basis":"FY2025 10-K: 팹리스·한정/단독 공급사 의존(금액 미공시)","basis_en":"FY2025 10-K: fabless; sole/limited-source suppliers, value undisclosed","qualifier":"confirmed_no_disclosed_value"},"note":"RF 프런트엔드에 RF-SOI 기판 사용.","note_en":"Uses RF-SOI substrates for RF front-ends.","sources":[{"stance":"confirms","publisher":"Qualcomm (SEC EDGAR)","publisher_en":"Qualcomm (SEC EDGAR)","kind":"filing","lang":"en","published_at":"2025-11-05","url":"https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm","title":"퀄컴 10-K (FY2025, 9월 결산)","title_en":"Qualcomm Form 10-K (FY2025, ended Sep 28 2025)","excerpt":"QCT utilizes a fabless production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT.","excerpt_en":"QCT utilizes a fabless production model; we rely on sole- or limited-source suppliers for some products, particularly in QCT."},{"stance":"confirms","publisher":"Soitec/GlobeNewswire","publisher_en":"Soitec/GlobeNewswire","kind":"filing","lang":"en","published_at":"2025-05-27","url":"https://www.globenewswire.com/news-release/2025/05/27/3088835/0/en/soitec-reports-fourth-quarter-revenue-and-full-year-results-of-fiscal-year-2025.html","title":"Soitec FY2025 연간 실적","title_en":"Soitec FY2025 full-year results","excerpt":"RF 프런트엔드에 RF-SOI 기판 사용.","excerpt_en":"Uses RF-SOI substrates for RF front-ends."}]},{"direction":"cost","counterparty":"RF·패키지 부품 (비공개)","counterparty_slug":null,"confidence":"low","metric":{"type":"qualifier","value":null,"qualifier":"confirmed_no_disclosed_value"},"note":"RF 프런트엔드·패키지 부품(비공개).","note_en":"RF front-end and package parts (undisclosed).","sources":[{"stance":"mentions","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2024-11-06","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=QCOM&type=10-K","title":"Qualcomm 연례보고서 (10-K)","title_en":"Qualcomm Form 10-K","excerpt":"10-K: 부품 원가.","excerpt_en":"10-K: component costs."}]},{"direction":"cost","counterparty":"네패스","counterparty_slug":"nepes","confidence":"low","metric":{"as_of":"2023","qualifier":"wlp_rf_fanout_packaging"},"note":"RF·전력관리 부품의 웨이퍼레벨/팬아웃 패키징(FO-WLP·패널레벨) 공급 이력 — 네패스는 8/12인치 플립칩 범핑·팬아웃 패키징 제공사로, 퀄컴 RF 패키징 파트너로 거론된다(as_of 2023). 다만 FY2025 10-K는 개별 패키징 공급사를 명시하지 않아 금액·현재성은 미공시.","note_en":"A supply history in wafer-level/fan-out packaging (FO-WLP, panel-level) for RF/power-management parts — Nepes provides 8/12-inch flip-chip bumping and fan-out packaging and is cited as a Qualcomm RF-packaging partner (as_of 2023). The FY2025 10-K names no individual packaging supplier, so value/currency are undisclosed.","sources":[{"stance":"confirms","publisher":"THE ELEC","publisher_en":"THE ELEC","kind":"news","lang":"en","published_at":"2023-04-07","url":"https://www.thelec.net/news/articleView.html?idxno=4485","title":"Qualcomm cancels FO-PLP deal with Nepes Laweh","title_en":"Qualcomm cancels FO-PLP deal with Nepes Laweh","excerpt":"Nepes Laweh saw its order for FO-PLP work for certain chips by Qualcomm canceled recently.","excerpt_en":"Nepes Laweh saw its order for FO-PLP work for certain chips by Qualcomm canceled recently."},{"stance":"confirms","publisher":"디일렉","publisher_en":"THE ELEC","kind":"news","lang":"ko","published_at":"2023-04-06","url":"https://www.thelec.kr/news/articleView.html?idxno=20537","title":"퀄컴, 네패스라웨 PLP 물량 계약 일부 해지 통보","title_en":"Qualcomm cancels part of nepes Laweh PLP contract","excerpt":"네패스라웨는 최근 대형 고객사인 미국 퀄컴으로부터 특정 칩 제품의 FO-PLP 물량 공급건에 관한 계약을 해지당했다.","excerpt_en":"nepes Laweh recently had its FO-PLP volume contract cancelled by Qualcomm."}]},{"direction":"cost","counterparty":"SMIC","counterparty_slug":"smic","confidence":"low","metric":{"note":"성숙노드(28nm)·전력관리칩 위탁 이력; 첨단 플래그십은 TSMC N3P·삼성","as_of":"2019","qualifier":"legacy_mature_node_28nm"},"note":"성숙노드(28nm) 스냅드래곤·전력관리칩(PMIC) 위탁 이력의 레거시 관계 — 첨단 플래그십(스냅드래곤 8 Elite 2 등)은 TSMC N3P로 생산되고, 미 수출통제로 첨단노드 SMIC 위탁은 제한된다. 현재 유효성은 성숙노드·중저가 물량에 한정되며 FY2025 10-K는 특정 공급사를 명시하지 않는다.","note_en":"A legacy relationship from historical outsourcing of 28nm Snapdragon and power-management (PMIC) chips to SMIC — advanced flagships (e.g., Snapdragon 8 Elite 2) are built on TSMC N3P, and US export controls limit advanced-node SMIC. Current relevance is confined to mature-node/low-mid volume; the FY2025 10-K names no specific supplier.","sources":[{"stance":"confirms","publisher":"SMIC","publisher_en":"SMIC","kind":"ir","lang":"en","published_at":"2025-05-01","url":"https://www.smics.com/en/site/company_invest","title":"SMIC IR","title_en":"SMIC IR","excerpt":"SMIC에서 레거시 파운드리 매입.","excerpt_en":"Buys legacy foundry from SMIC."},{"stance":"confirms","publisher":"Statista","publisher_en":"Statista","kind":"analysis","lang":"en","published_at":"2025-01-01","url":"https://www.statista.com/chart/32653/market-share-of-semiconductor-foundries-by-revenue/","title":"파운드리 점유율(SMIC 포함)","title_en":"Foundry market share","excerpt":"SMIC에서 레거시 파운드리 매입.","excerpt_en":"Buys legacy foundry from SMIC."},{"stance":"mentions","publisher":"Asian Legal Business","publisher_en":"Asian Legal Business","kind":"news","lang":"en","published_at":"2019-01-01","url":"https://china.legalbusinessonline.com/news/qualcomm-turns-smic-snapdragon-chip-production/66127","title":"퀄컴, SMIC에 28nm 스냅드래곤·전력관리칩 위탁(과거)","title_en":"Qualcomm turned to SMIC for 28nm Snapdragon/PMIC (legacy)","excerpt":"Qualcomm turned to SMIC for 28nm Snapdragon production; SMIC had previously made power-management chips for Qualcomm (legacy, mature node).","excerpt_en":"Qualcomm turned to SMIC for 28nm Snapdragon production; SMIC had previously made power-management chips for Qualcomm (legacy, mature node)."}]}]}