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Sunday, September 15, 2024

Qualcomm says Snapdragon 8 Gen 3 might have the ‘majority share’ with the Galaxy S24


What you have to know

  • Qualcomm reported its FY This autumn 2023 monetary earnings on Wednesday.
  • Headset income, which makes up nearly all of Qualcomm’s general income, declined by 27%.
  • Qualcomm’s Automotive division noticed a 15% enhance in income in the course of the quarter.
  • Qualcomm expects the Snapdragon 8 Gen 3 to have the “majority share” with the Galaxy S24 amid rumors Samsung will convey the Exynos again to its flagship S sequence.

Qualcomm introduced its FY This autumn 2023 monetary earnings on Wednesday, which reveals that the corporate continues to be battling a declining smartphone business. Nonetheless, regardless of the 24% lower in income to $8.63 billion, the corporate nonetheless fared higher than anticipated and appears to have a reasonably constructive outlook for future quarters, notably with the Snapdragon 8 Gen 3 and Galaxy S24.

The most important contributor to the corporate’s falling income is the headset division, which is chargeable for the chips used within the greatest Android telephones. For the quarter ending in September, the division amassed simply $5.46 billion, a 27% drop 12 months over 12 months from the $7.43 billion in This autumn 2022, though this was nonetheless above expectations, per CNBC.



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