Smartphone growth slows Qualcomm aimed at security camera

As the smartphone market slows down and competitors win more chips, Qualcomm is forced to cut costs, reduce investment size, and enter new markets.

Today, Qualcomm is introducing Opteron processors for the security camera market. At the same time, Qualcomm also introduced two low-cost modem chip products designed to ensure that Qualcomm can be based on smart meters and other industrial equipment markets. Analysts expect industrial equipment to connect to the network in the next few years.

In recent years, Qualcomm mainly sells chip products for the smart phone market, and its growth momentum comes entirely from the mobile phone market. In the years when the 4G LTE data network has just become popular, Qualcomm firmly controls the mobile phone chip market. In fact, only Apple uses a self-developed processor. Even so, the iPhone still uses a Qualcomm modem chip.

Qualcomm senior vice president Raj Talluri said Qualcomm has already sold quite a few standard modem chips for the IoT market. When the price of chips for such devices is lower and the battery life is longer, the sales of such chips will be better.

In the field of security cameras, most current chip products can only capture video through motion sensors and send video content to the cloud. Taluli said that Qualcomm's technology allows the camera to have more sophisticated detection capabilities, such as ignoring passing cars and pedestrians, distinguishing between pets and thieves.

Tululi said: "The Opteron processor does allow us to do these things. If it is smarter, these cameras can do better." Qualcomm's new products use the Snapdragon 618 midrange processor to support LTE networks and 4K. video.

Although the new strategy may not solve the problems that Qualcomm is facing, both products are geared to large and fast-growing markets. Qualcomm pointed out that the size of the webcam market will grow from $500 million this year to $1.4 billion in 2019. By 2018, shipments of non-mobile networked devices will exceed 5 billion units.

Taluli expects that security cameras and other devices using Qualcomm chips will be available in the first half of next year.

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