Apple (AAPL) Apple 'spectacularly' failed to develop its own silicon chip - WSJAAPL -0.40% Add to/Remove from Watchlist QCOM -0.52% Add to/Remove from WatchlistApple (NASDAQ: ) has failed in developing its own silicon chip that would allow it to cut its partnership with Qualcomm (NASDAQ: ), a report in the WSJ noted. The new iPhone models launched recently lack a proprietary silicon chip that Apple had invested significant time and resources in developing. Engineering teams working on Apple's modem chip faced various challenges, including technical hurdles, poor communication, and managerial disagreements over whether to design the chips internally or procure them externally. Apple executives gained a clearer understanding of the project's challenges when the company tested its modem chip prototypes in late 2022. Earlier this month, Qualcomm announced it will continue to supply Apple with iPhone 5G modems until 2026.
Source: Wall Street Journal September 21, 2023 12:31 UTC