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TF International Securities analyst Ming-Chi Kuo has revealed that OpenAI is teaming up with MediaTek and Qualcomm to develop smartphone chips, with Luxshare Precision serving as the sole collaborator for joint system design and manufacturing. Mass production of these chips is anticipated to commence in 2028. Triggered by this news, Qualcomm’s pre-market shares soared by over 6%, reaching a trading price of $157.79. Kuo envisions that AI agents will revolutionize smartphones, enabling users to directly accomplish tasks and fulfill their requirements via their devices. In the long run, MediaTek and Qualcomm, as chip partners, are poised to reap substantial benefits from the smartphone replacement cycle. For Luxshare Precision, this project carries immense significance and is expected to bolster its proactive stance in the next generation of smartphones.
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