The loss of Samsung is hitting Qualcomm harder than expected

We all knew that Samsung’s decision to forgo the use of Qualcomm’s Snapdragon 810 chip in favor of its own Exynos 7420 chip in the Galaxy S6 would hurt Qualcomm, but we didn’t know exactly how much until just recently. According to the company’s recent earnings report, Qualcomm has decided to lower its expectations for the rest of the year by quite a lot, and this is after having already lowered it a few months ago when it first came to light that Samsung wanted to use its own chip in the Galaxy S6.