Chinese chips have crushed American chips in another field, and Qualcomm has fallen, helping China to take the lead in science and technology

The analysis agency has given a ranking of the global Internet of Things chip market, and data shows that Chinese chips have achieved a leading position in the Internet of Things chip market, while Qualcomm in the United States has failed in the Internet of Things chip market. This is another failure of Qualcomm in the United States chip market after its failure in the mobile chip market.
Chinese chips have crushed American chips in another field, and Qualcomm has fallen, helping China take the lead in technology
Statistics show that in 2022, Qualcomm ranked first among the global Internet of Things chips, but its market share was only 33%. Chinese chip companies are relying on wolf tactics to surround Qualcomm, which is far ahead of Qualcomm in market share. This indicates that the Internet of Things chip business Qualcomm has been trying to open up is not dominant.
Among the top ten chip companies in the IoT chip market, five are chip companies in Chinese Mainland, with a total market share of 49%. Purple Light and Auger Technology ranked second and third respectively; If Lian Fake’s presence in Taiwan, China is added, the total market share of Chinese chip enterprises will reach 55%.
In 2022, mobile phone shipments in the global market decreased by 12% year-on-year, to less than 1.2 billion units, which is the declining trend in the smartphone market for many years. It is widely believed in the industry that the era of mobile phones is coming to an end, and the Internet of Things, wearable devices, or other devices will replace mobile phones. However, it is unclear which device will replace mobile phones. It is this trend that Qualcomm has seen and begun to layout the Internet of Things chip market. However, its performance in the Internet of Things chip market indicates that it is difficult to replicate the brilliance of mobile phone chips.
In contrast, Chinese chip companies have seized the opportunity of the Internet of Things chip market this time, seizing the Internet of Things chip market on a large scale, thereby gaining a leading advantage over Qualcomm. The advantage of Chinese chips is that they are closer to the market, with features such as rich functionality, low power consumption, and affordable prices. This has led to a large-scale occupation of the domestic market, leading to Qualcomm lagging behind in the Internet of Things chip market.
Chinese chips have crushed American chips in another field, and Qualcomm has fallen, helping China take the lead in technology
According to statistics, the number of Internet of Things connections in China has exceeded 1.8 billion, and the global number of Internet of Things connections is about 3 billion. China’s Internet of Things connections account for 60% of the global Internet of Things. Therefore, China has become a stable leader in the Internet of Things market, highlighting China’s leading position in emerging technologies.
The Internet of Things is seen as a trillion-dollar market and one of the emerging technological fields. China’s Internet of Things development opportunities and market demand development. Intelligent meter reading has been widely used in daily electricity and water meter reading in China, and shared bicycles have become a model of the global sharing economy, widely used in the Internet of Things technology.
Relying on China, leading NG and the largest market, Chinese chip companies have prominent local advantages. As a result, they developed rapidly and occupied the market. In contrast, Qualcomm lags behind in localization and its IoT chips are expensive. Industry insiders have pointed out that the price of Qualcomm’s Internet of Things chips is more than ten times that of Chinese chips, and the technical difference is not too large. Therefore, most chips used by Chinese companies in the Internet of Things are domestic chips.
In the field of emerging technologies, China not only leads the Internet of Things market, but also lags behind the United States in terms of autonomous driving. China’s laser radar and autopilot chips have always been at the forefront of the world. In these emerging technologies, China emphasizes independent research and development, using independently developed chips, and avoiding being subject to American chips.
Chinese chips have crushed American chips in another field, and Qualcomm has fallen, helping China take the lead in technology
From the development of emerging technologies such as the Internet of Things, it can be seen that China’s technology is accelerating and gaining more voice in more advanced technology fields. However, the United States, once a leading technology country, is gradually lagging behind China in advanced technology. “Just seeing China’s leading edge in technology becoming increasingly evident, the United States is trying to take measures to limit chip supply and prevent China from developing advanced technology, but its approach is doomed to be futile.”.