Mobile chips given the weak market demand is weak, the chip maker qualcomm expects its current quarter profits will be lower than analysts' expectations.

Qualcomm is expected the second quarter of 2016 mobile chip shipments will fell 16-25%; In the second quarter of 2016 3 g and 4 g device shipment will decline 4-14%, and affect its authorized sales.

Due to apple's main market China's market demand is weak, the company expects its revenue to achieve quarters for the first time in 13 years, and iPhone shipments will record the slowest growth. Following the qualcomm big customer after apple announced revenue expectations, qualcomm expects its profit outlook.

It is reported, qualcomm shares fell 3% on Wednesday to postpone the deal.

In the first quarter of 2016, qualcomm mobile chip shipments fell 10%, equipment and services revenue fell 21.6%, licensing revenues fell 10.4%.

Qualcomm said that as early as December, has decided to both its chip manufacturing business and technology licensing business.

Qualcomm is expected the second quarter of 2016 adjusted earnings per share 90 cents or $1, below analysts' expectations of $1.01 on average amount; In the second quarter of 2016 on revenue of $49-5.7 billion, will be well below analysts' expectations of $5.68 billion.