Qualcomm predicts that total smartphone sales will reach 5 billion units in 2016

On the 14th of this month, Texas Instruments announced a layoff of 1,700 people, accounting for 5% of its total employees. Even more surprising is that Texas Instruments also announced that it will withdraw from the handheld device chip market, which means that users will wave goodbye to smartphones equipped with OMAP processor chips. The delisting of Texas Instruments and Samsung, Nvidia and Intel's abandonment of the market share of Texas Instruments and even the entire chip market are eyeing the status quo, which has not affected the confidence of another communications chip provider Qualcomm in the future.

A few days ago, Qualcomm released a healthy market report on handheld devices. The report predicts that by the end of 2016, the world's total smartphone sales will reach 5 billion units. And another statistic shows that as of the third quarter of 2013, the use of smartphones reached 1 billion. This means that if Qualcomm ’s forecast is to be realized, then in the next four years or more, the number of new smartphones sold each year needs to be maintained at more than 1 billion units. Looking back at 2011's global smartphone sales of 470 million units, if we analyze the current smartphone penetration and entry price, the possibility that the total annual growth rate of smartphone sales in the world market will increase by multiples is not unreachable.

In addition to smartphones, Qualcomm also predicts that in 2016, the total sales of tablets and notebooks will exceed 650 million units. Although Qualcomm officials have not released detailed sources of these predictions and statistics, as a global communications chip provider, it is unlikely that statistics will be released hastily, so what is the reason for Qualcomm to perform on the smartphone market? So confident?

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