Qualcomm, the world's biggest mobile chipmaker, has announced a range of products at the company's analyst meeting today, including a new Snapdragon Wear platform for wearables, the first commercial gigabit LTE modem for mobile devices, and several new low to mid-range mobile chips.

First up is the Snapdragon Wear 2100 processor, a dedicated chip designed to power the next generation of wearables. It will replace the Snapdragon 400 SoC that is found in the majority of today's Android Wear watches. It's 30 percent smaller and 25 percent more power efficient than the 400, and includes a new LTE modem, Wi-Fi and low-power Bluetooth.

Next up is Qualcomm's gigabit-class LTE modem for mobile devices: the X16. The company says that the X16, which is made using the 14-nm processor, will enable live streaming of 360-degree virtual reality content. The chip will be in commercial products in the second half of this year.

Qualcomm also revealed its Snapdragon 625, 435 and 425 chips, which all use ARM's Cortex-A53 CPU. These will appear in handsets around the $99 - $399 range, and will bring features previously only available in top-tier smartphones to some low to mid-range devices.

The most powerful of the new processors, the eight-core 625, will be able to handle 4K video recording and playback, and can support both 13-megapixel front-facing sensors as well as 21-megapixel rear-facing sensors in the same device. The chip also has an X9 LTE modem. Smartphones sporting the 625 should have an impressive battery life as the chip is 35 percent more power efficient than its predecessor.

The octa-core Snapdragon 435 has an X8 LTE modem to allow speeds of up to 300 Mbps down and 100 Mbps up. It will support up to 21-megapixel cameras and features an Adreno 505 GPU.

The entry-level quad-core Snapdragon 425 will be aimed at cheaper handsets found in emerging markets such as India and China. It features an Adreno 308 GPU, an X6 LTE modem and supports cameras up to 16-megapixles.