Qualcomm Chip Shortage Eases on Samsung, TSMC Output

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Qualcomm Inc., the largest seller of mobile-phone semiconductors, said a shortage of its advanced smartphone processors is almost resolved as manufacturing partners including Samsung Electronics Co. boosted production.

“It’s virtually behind us,” Chief Operating Officer Steven Mollenkopf said in an interview in Hong Kong today. Three major partners -- Samsung, Globalfoundries Inc. and Taiwan Semiconductor Manufacturing Co. -- are all “ramping up” output, he said.