According to the 1Q20 revenue ranking of global top 10 IC design companies compiled from TrendForce’s latest data, Qualcomm was able to stop the trend of continuous YoY revenue declines, which lasted for the six previous consecutive quarters, because of its effective 5G product strategy and the considerable growth in WFH and distance learning demand. On the other hand, Broadcom’s semiconductor business displayed negative growth for five consecutive quarters because of market competition and the China-U.S. trade war, subsequently trading places with Qualcomm on the revenue ranking list in 1Q20.