https://wccftech.com/qualcomm-supply-apple-20-percent-2023-iphone-5g-modems/

Apple continues to use Qualcomm’s Snapdragon X60 5G modem in its iPhone 13 family, thereby creating a monopoly for the chip manufacturer. However, that monopoly may not last long, as Qualcomm’s CFO comments that the company may only supply 20 percent of the total 5G modem shipments for the 2023 iPhone lineup as it expects Apple to mass produce its custom baseband chip.

During the Investor Day event, Qualcomm’s executive Akash Palkhiwala believes Qualcomm will not control the entire modem supply for Apple. In fact, only 20 percent of those shipments will comprise of the company’s 5G baseband chips, as the Cupertino tech behemoth intends to mass produce its own for the 2023 iPhone lineup. This means that Qualcomm only has around 12 months remaining to enjoy its monopoly before its revenue stream takes a massive hit.