$QCOM: Qualcomm Drops Samsung for TSMC Amid Ongoing $75M Investor Settlement

Court: S.D. California

Case: 3:17-cv-00121

Qualcomm has officially scrapped its dual-sourcing strategy for the next-gen Snapdragon 8 Elite Gen 2, choosing TSMC as its exclusive manufacturing partner. Originally, Qualcomm planned to split production between TSMC and Samsung’s 2nm node, but recent reports confirm the internal Samsung version (SM8850-S) has been canceled. The entire production will now rely on TSMC’s 3nm N3P process to ensure better yields and performance.

At the same time, Qualcomm is still managing the fallout from a major investor lawsuit tied to anticompetitive practices. In 2017, the FTC accused the company of overcharging for licenses, restricting chip sales, and offering unfair royalty deals—leading to an 18% drop in QCOM shares and a class action from shareholders.

Qualcomm agreed to pay $75 million to settle the claims. Late claims are still being accepted, so if you held Qualcomm stock during the affected period, you may still be eligible for a payout.

• Drop date: January 19, 2017 (–18.3%)
• Class period: Feb 1, 2012 – Nov 8, 2024
• Settlement amount: $75M
• Claim status: Late filings currently being accepted
• Payout timeline: Usually 8–12 months after final court approval

If you bought QCOM during the class period, it might be worth checking your eligibility.

You can check more information about it and file for a payout HERE.