Apple's In-House 5G Modem Ambitions Challenge Qualcomm's Dominance

Apple is working to develop its own 5G modem to reduce reliance on Qualcomm, aiming to debut this technology in the iPhone SE 4. Despite Apple's efforts, its licensing agreement with Qualcomm extends until 2027, and Qualcomm holds significant leverage, potentially impacting Apple's stock if it cuts off modem supply. However, Qualcomm also benefits financially from its relationship with Apple, making an abrupt end to their partnership unlikely. Apple's long-term goal is to integrate its modems into future iPhones and possibly other devices like Macs.