In recent days, there has been a sudden big news on the Internet that Qualcomm's Shanghai R & D Center is going to lay off staff on a large scale. And the treatment offered is quite good, and compensation is made in accordance with the Ninth 7 program.

But Qualcomm quickly refuted the rumor that layoffs do exist, but not on a large scale. According to a person familiar with the matter, this is only a small department that has laid off more than 10 people.

In fact, Qualcomm has been having a hard time so far this year, and this is not the first time it has laid off staff. In June, for example, Qualcomm's u.s. headquarters laid off 415 jobs, followed by news that Qualcomm T bay would cut 200 jobs, or more than 10%.

The layoffs at any company must be due to poor revenue and profits. Qualcomm's mobile phone chip business, LOT chip business and car chip business have all been lower than expected in the past two years, and the company's total revenue has fallen for four consecutive quarters.

The layoffs at any company must be due to poor revenue and profits. Qualcomm's mobile phone chip business, LOT chip business and car chip business have all been lower than expected in the past two years, and the company's total revenue has fallen for four consecutive quarters.

According to industry experts, Huawei purchased at least 23 million mobile phone chips from Qualcomm in 2022 and 40 million chips in 2023, but then many orders will be replaced by Kirin chips.

Especially in the crucial Chinese market, where more than 60% of Qualcomm's revenue in recent years has come from. Now that Huawei has set an example for other mobile phone manufacturers, there may be more manufacturers abandoning Qualcomm, which is the last thing the West wants to see.