Qualcomm estimates Apple modems will account for 80% of iPhones by 2023

Qualcomm on Tuesday said that the company believes believes it will supply only 20% of the modem chips in Apple iPhones as of Apple’s 2023 launch.Stephen Nellis for Reuters:Qualcomm currently supplies modem chips for all of Apple’s devices. Qualcomm said at an investor conference that it believes its phone chip revenues will expand in line with broader phone markets despite Apple finding 80% of its modem chips from other suppliers… Qualcomm did not say whether it believes Appl