Qualcomm Incorporated (QCOM): Who It Depends On
Qualcomm designs the Snapdragon chips that power most premium Android phones plus a growing automotive and IoT business, but like most fabless chipmakers it owns no factories - its own 10-K names TSMC, Samsung Foundry, and GlobalFoundries as its primary manufacturing partners. On the revenue side, Qualcomm's dependency is real and disclosed: its FY2025 10-K names Apple, Samsung, and Xiaomi as customers each representing 10% or more of consolidated revenue, even as Apple's shift to in-house modems threatens to shrink that relationship over time.
Supply-chain dependency
Companies QCOM relies on to design, manufacture, package, and assemble its hardware.
Named directly in Qualcomm's 10-K as a primary foundry supplier and widely reported as the fabricator of Qualcomm's newest leading-edge Snapdragon 8-series chips at the 4nm/3nm-class nodes.
Named directly in Qualcomm's 10-K as one of its three primary foundry suppliers alongside TSMC and GlobalFoundries, and has fabricated entire past Snapdragon generations. Trades primarily on the Korea Exchange, with no proper US-listed ticker.
Named directly in Qualcomm's 10-K as a primary foundry supplier, under a long-term supply agreement extended through 2028 covering RF and other chips manufactured at GlobalFoundries' Malta, New York fab.
Named directly in Qualcomm's 10-K as a primary semiconductor assembly and test (OSAT) supplier for finished chip packaging.
Named directly in Qualcomm's 10-K as a primary assembly and test supplier, alongside Amkor, for packaging Snapdragon and RF chips.
Named in Qualcomm's 10-K among its primary assembly and test suppliers. A majority-owned subsidiary of JCET Group, which trades only on the Shenzhen exchange, with no US-listed ticker.
Qualcomm licenses Arm's CPU instruction-set architecture for its Snapdragon and Oryon processor cores, a dependency that became highly visible during 2022-2025 litigation between Arm and Qualcomm over Nuvia-derived chip designs, which Qualcomm ultimately won.
Customer concentration
Companies that make up an outsized share of QCOM's revenue - who QCOM relies on to buy from it.
Named directly in Qualcomm's FY2025 10-K as a customer representing 10% or more of consolidated revenue, though Qualcomm's own filing warns that Apple's shift to in-house modem chips - already shipping in 2025 iPhones - "will have a significant negative impact" on this revenue line going forward.
Named directly in Qualcomm's FY2025 10-K as a customer representing 10% or more of consolidated revenue, driven by the "Snapdragon for Galaxy" flagship chip used broadly across Samsung's device lineup. Trades primarily on the Korea Exchange, with no proper US-listed ticker.
Named directly in Qualcomm's FY2025 10-K as a customer representing 10% or more of consolidated revenue, reflecting Xiaomi's position as one of the largest global Android Snapdragon buyers. Primarily listed in Hong Kong; its thin US OTC ADR has no proper US-listed ticker.
A consistently cited top-tier Android Snapdragon customer in Qualcomm's earnings commentary and industry reporting, though not individually named at the 10% revenue-disclosure threshold in Qualcomm's 10-K. A private company with no public ticker.
Another consistently cited top-tier Android Snapdragon customer, alongside OPPO, though not individually named at the 10% revenue-disclosure threshold in Qualcomm's 10-K. A private company with no public ticker.
Not a single company - a growing group of automakers including General Motors, Honda, Mercedes-Benz, and BMW that have announced Snapdragon Digital Chassis design wins, representing a smaller but fast-growing and diversifying slice of Qualcomm's customer base.
The percentages shown are editorial estimates based on public research (company disclosures, earnings commentary, and industry reporting) meant to illustrate relative reliance, not precise or audited figures. Companies without a proper, reliably tradable ticker on this site are shown without stock/earnings links. This is not financial advice.