The world's largest mobile chipset developer,
), revealed that it is working toward improving the performance
of its high-end Snapdragon processors. Also, smartphones
integrated with the latest Snapdragon 808 and 810 processors will
be available from early 2015.
The modern processors, Snapdragon 808 and 810 are aimed at
providing download speeds of up to 300 megabits per second,
high-definition images, 4K video recording support and ultra-high
resolution playback. Both the chips are powered with 64-bit
Nevertheless, the 64-bit chipset is not new in the industry as
) had launched an iPhone with a 64-bit processor last year.
) is the market leader in 64-bit chipsets for PCs and
We believe that the introduction of Snapdragon 808 and 810
processors will help the San Diego-based company to safeguard its
position against rivals like Intel, MediaTek Inc. and
) and will also drive demand for its chipset. Qualcomm has
fortified its leadership position in the high-end smartphone
segment. The company is the major chipset provider to Apple and
Samsung, which together constitute 40% of the smartphone and 50%
of the tablet markets globally.
Notably, the acquisition of Atheros Communications has
transformed Qualcomm into an integrated chipset developer in the
mobile computing market. Qualcomm can play as a single window to
any wireless gadget maker (mobile phone/tablets) for an
integrated Snapdragon chipset platform supporting Wi-Fi.
Recently, Qualcomm announced that the "Fire TV" set-top box
launched by Amazon.com Inc. runs on Qualcomm's next-generation
quad-core Snapdragon 600 microprocessor. The microprocessor is
integrated with 1.7GHz quad-core Qualcomm Krait 300 and Qualcomm
Adreno 320 GPU.
Currently, Qualcomm carries a Zacks Rank #2 (Buy). We believe
that the long-term fundamentals of Qualcomm remain intriguing
given the steadily growing demand for 4G LTE-enabled mobile
handsets in developed countries, rapid transition from 2G to
3G/4G in China and other emerging markets and increasing
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