# Who are Qualcomm's customers? Who does Qualcomm earn revenue from?
Canonical: https://valuechain.wiki/qualcomm · Facet: customers · Updated: 2026-07-12T06:23:06.621192+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Qualcomm's confirmed revenue counterparties include LG Electronics VS (automotive chips), Apple, 샤오미 plus 3 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 6 revenue edges, backed by 8 dated sources, 3 of them primary filings (as of 2026-07-12).

### LG전자 VS (전장 반도체) (high)  → /lg-electronics.md
- metric: Amount ₩414.6B · FY2025 LG전자 VS Chip
- note: Supplies chips for LG Electronics' VS telematics/infotainment (with NXP and others) — part of the KRW 414.6bn FY2025 VS chip line.
- [confirms] DART (FSS) (KO, filing, published 2026-03-13) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260313000662: "Qualcomm/NXP among LG Electronics' VS chip suppliers"

### Apple (high)  → /apple.md
- metric: Revenue ~$39B · FY2024 · annual revenue
- note: Supplies 5G modem chips to Apple.
- [confirms] Korea Economic Daily (KO, news, published 2026-01-07) https://www.hankyung.com/article/2026010776221: "Samsung in talks for 2nm foundry."
- [confirms] Qualcomm (SEC EDGAR) (EN, filing, published 2025-11-05) https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm: "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."
- [confirms] TrendForce (EN, news, published 2025-03-26) https://www.trendforce.com/news/2025/03/26/news-qualcomm-reportedly-skips-samsung-taps-tsmcs-4nm-for-latest-snapdragon-8s-gen-4/: "Leading-edge Snapdragon volume moved to TSMC."
- [confirms] SEC EDGAR (EN, filing, published 2024-11-06) https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=QCOM&type=10-K: "10-K: QCT chipsets and QTL licensing."

### 스마트폰 OEM (삼성·샤오미 등) (high)
- metric: Revenue $27.8B · FY2025 · QCT Handsets FY2025 revenue (Samsung >=10%)
- note: Supplies Snapdragon SoCs/modems to smartphone OEMs.
- [confirms] Korea Economic Daily (KO, news, published 2026-01-07) https://www.hankyung.com/article/2026010776221: "Galaxy, Xiaomi and others use Snapdragon."
- [confirms] Qualcomm (SEC EDGAR) (EN, filing, published 2025-11-05) https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm: "QCT Handsets revenue $27,793M in FY2025; Samsung comprised 10%+ of consolidated revenues."

### 샤오미 (high)  → /xiaomi.md
- metric: Revenue share 10% · FY2025 10-K customer concentration
- note: Flagship Snapdragon APs to the world's No.3 smartphone maker.
- [confirms] Qualcomm (SEC EDGAR) (EN, filing, published 2025-11-05) https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm: "Xiaomi comprised 10% or more of Qualcomm's fiscal 2025 consolidated revenues (three 10%+ customers at 21%/20%/13%)."
- [mentions] CNBC (EN, news, published 2025-05-19) https://www.cnbc.com/2025/05/19/chinas-xiaomi-commits-6point9-billion-to-in-house-chips.html: "Xiaomi flagships on Snapdragon."

### 교세라 (high)  → /kyocera.md
- note: 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.
- [confirms] Qualcomm (SEC EDGAR) (EN, filing, published 2025-11-05) https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm: "QCT IoT revenue grew 22% to $6,617M in FY2025 (consumer, industrial, edge networking)."
- [confirms] Qualcomm (EN, news, published 2025-06-01) https://www.qualcomm.com/smartphones/device-finder/kyocera-corporation-duraforce-ultra-5g: "Qualcomm device finder — Kyocera DuraForce Ultra 5G with Snapdragon."

### 제너럴 모터스 (mid)  → /general-motors.md
- metric: Revenue $4B · FY2025 · QCT Automotive FY2025 revenue (+36%, diversification)
- note: Cockpit, telematics and ADAS chips for GM vehicles.
- [confirms] Qualcomm (SEC EDGAR) (EN, filing, published 2025-11-05) https://www.sec.gov/Archives/edgar/data/804328/000080432825000085/qcom-20250928.htm: "QCT Automotive revenue grew 36% to $3,957M in FY2025 (digital cockpit, ADAS/AD)."
- [confirms] Green Car Congress (EN, news, published 2021-01-27) https://www.greencarcongress.com/2021/01/20210127-qualcommgm.html: "Snapdragon powers GM cockpits and ADAS."

Reverse side: https://valuechain.wiki/qualcomm/suppliers.md · Ripple: https://valuechain.wiki/qualcomm/ripple.md

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Full node: https://valuechain.wiki/qualcomm.md · JSON: https://valuechain.wiki/qualcomm.json