The chip companies are never going to really love this business
The big picture: Earlier this year we were reviewing Analyst Day slides from leading semiconductor companies and a clear theme emerged. Large companies are all shifting in a similar direction, posing some potential challenges for their long-term positions. More and more customers are looking for special purpose chips, a coping mechanism for dealing with the slowdown in Moore's Law. And the big players are all looking to support those customers.
Why it matters: Qualcomm's annual Snapdragon Summit is typically a celebration of all things smartphone. After all, it's the time and place where the company unveils its latest SoC design for the next generation of premium Android smartphones. True to form, the company did introduce Snapdragon 8 Gen 2, which is expected to be the engine powering upcoming premium phones from Samsung, Motorola, and many other vendors including Oppo, Vivo, and Xiaomi.
What just happened? During Qualcomm's Snapdragon Summit 2022 conference in Hawaii, the wireless specialist introduced its latest premium mobile platform that'll power the next generation of flagship Android smartphones. The Snapdragon 8 Gen 2 mobile platform is built on 4nm process technology and is comprised of a Kryo CPU featuring one prime core clocked at up to 3.2 GHz, four performance cores running at up to 2.8 GHz and three efficiency cores that can hit speeds of up to 2.0 GHz.