Top analyst says Qualcomm has started a price war that will impact prices of 5G phones

A report issued by reliable analyst Ming-Chi Kuo says that a price war has begun in the 5G chip industry. Kuo's note to clients, , says that Qualcomm has cut pricing for its mid-range 5G Snapdragon 765 chipset after sales of high-end 5G smartphones fell short of expectations. By cutting the cost of its mid-range 5G chips to manufacturers, Qualcomm is trying to get these firms to produce more affordable 5G handsets to entice the public. The price cuts will also extend to Qualcomm's low-end chips as well.

As a result of the price cut, Kuo sees MediaTek facing pricing ...

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