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Technology Stocks : Sequans Communications
SQNS 1.78+1.1%Dec 11 5:05 PM ESTNews

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From: FUBHO9/29/2017 12:15:08 PM
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asia.nikkei.com

Bernstein's Li said that Apple has invested in research and development for baseband modem chips responsible for mobile communication. Currently, it purchase these from Qualcomm and Intel.

"It would not be surprising that Apple develops its own [modem chip]," he said.

Two other chip industry executives also echoed Li's view that Apple will develop its own modem chips or at least boost its related capabilities - a view bolstered by Apple's poaching top Qualcomm modem chip engineer Esin Terzioglu earlier this year.

But Li added it is was unlikely that Apple could quickly roll out such components within two years. Modem chips have a very high threshold to develop and need to fulfill requirements of different operators worldwide.

A veteran chip industry executive estimates that it would require more than a minimum one thousand engineers to work on such a project.
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