Qualcomm will maintain its annual Snapdragon Summit occasion this month. The corporate is predicted to formally unveil the extremely anticipated Snapdragon 8 Elite chip (aka Snapdragon 8 Gen 4) on the primary day of the occasion (October 21). There are excessive expectations within the tech business concerning Qualcomm’s next-gen flagship SoC. Furthermore, analysts counsel that the Snapdragon 8 Gen 4 chip will see a major year-on-year enhance in shipments.
Snapdragon 8 Elite/Snapdragon 8 Gen 4 shipments anticipated to considerably enhance
The Snapdragon 8 Elite will mark a milestone for the model’s chipsets by inheriting the customized Oryon cores. “Oryon” is an structure initially designed for ARM-powered computer systems. Leaked benchmarks of gadgets just like the OnePlus 13 and Galaxy S25 Extremely confirmed that the chip will probably be a powerhouse. The leaks additionally declare that the SoC will probably be considerably costlier than the earlier technology. Nonetheless, evidently this won’t have an effect on the demand from Android producers.
Ming-Chi Kuo, a famend business analyst, estimates that the Snapdragon 8 Gen 4/Snapdragon 8 Elite will see a formidable 50% YoY cargo development in comparison with its predecessor. The report anticipates Qualcomm to ship roughly 9 million models of the flagship SoC in 2024 alone.
Elements that play in favor of Qualcomm
Kuo’s evaluation mentions a couple of elements that can contribute to the elevated demand for the chip. One of many predominant ones will probably be Samsung’s want to show to Qualcomm for the flagship SoC in all of its Galaxy S25 fashions. In response to latest stories, Samsung has already dominated out utilizing Exynos chips within the lineup. Moreover, Samsung has modified its plans to make use of the Dimensity 9400 in each the vanilla and Plus Galaxy S25 fashions. Now Samsung will flip to Mediatek’s flagship SoC for the Galaxy S25 FE later subsequent yr.
The Galaxy S collection normally boasts wholesome gross sales yearly, so demand for the extra highly effective next-gen Snapdragon chip will profit from this. The regular development of the Chinese language smartphone market can also be one other issue to contemplate. Flagship telephones from huge Chinese language manufacturers are inclined to depend on Qualcomm’s {hardware}. In truth, Kuo estimates a rise out there share of flagship telephones in China by the tip of 2024, reaching 30–35%. For reference, flagship telephones took 25-30% of the Chinese language smartphone market in 2023.
The business’s restoration will proceed in 2025
Moreover, the restoration development within the smartphone business will proceed. After a troublesome time resulting from a number of elements, annual smartphone gross sales figures have been rising healthily. Kuo predicts that the Chinese language smartphone market alone will attain 280 million models by 2024, marking a 3% year-on-year development. Lastly, the analyst additionally expects development to proceed in 2025.
