Balanced News: Qualcomm CEO says he’s expecting Apple to use its own modems in iPhones in 2024

Qualcomm CEO Cristiano Amon said that he is not expecting Apple to use Qualcomm’s modems in its iPhones in 2024, but that the decision is up to Apple. Apple has been looking to go solo in the wireless connectivity market for some years, and has recently bought Intel’s modem business. If Apple moves to its own modems, Qualcomm could lose some revenue.