Qualcomm

On Wednesday, Qualcomm confirmed that a large customer had dropped its Snapdragon 810 processor. While it did not confirm who that customer was, reports state that Samsung was the smartphone manufacturer who decided to pull the processor from its upcoming Galaxy S6 due to heat issues.

Whoever it is, it’s probably not LG since that company has announced that the Snapdragon 810 would be used at least in its Flex 2.

While Qualcomm’s expects revenue for this quarter to be between $6.5 billion to $7.1 billion, it projects that revenue for the entire year will be estimated at $26 billion to $28 billion. This is down from a previous forecast of $26.8 billion to $28.8 billion. This is in part because of the aforementioned customer and a probe by China’s government into its business practices.

In a later update to its post, Re/code reported that CEO Steve Mollenkopf believes the “Snapdragon 810 is performing well” and “working the way we expected it to work.” Although, it is worth mentioning that Qualcomm opted to use a licensed core for the processor so it could get 64-bit variants out faster. It’s next top-of-the-line chip will use the typical, Qualcomm-customized core.

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