According to foreign media reports, the current market demand for many electronic products has different degrees of decline, smart phones are no exception, the demand for various components such as processors has also been affected.

Competition among parts suppliers will intensify after demand is affected. In the latest report, foreign media said that price competition between qualcomm and mediatek, two suppliers of 5G processors, will heat up in the second quarter.

Qualcomm and mediatek are currently one of the few manufacturers in the world with the ability to supply 5G processors. Unlike huawei, samsung and other manufacturers, qualcomm and mediatek do not develop and manufacture mobile phones, but the processors are their main business and their customers are the major smartphone manufacturers

Notably, there have also been reports of intense competition for 5G processors this year and pressure to cut prices.

In a report at the end of march, foreign media pointed out that 5G chip suppliers are under pressure to cut prices and guarantee orders before the demand in the terminal market recovers. In the middle of this month, foreign media reported that the competition among 5G chip suppliers will be more fierce in the second half of this year due to the delay in demand and the expected reduction in global 5G smartphone shipments this year.