At an investor meeting, Qualcomm mentioned the development of third-generation Oryon processor cores. Currently, the first generation of Oryon cores is used in PC processors of the Snapdragon X Elite and X Plus series, as well as in Snapdragon 8 Elite mobile chips. The company does not intend to release PC processors based on Oryon 2 – these cores will appear only in the mobile segment.
It is assumed that Oryon 2 cores will only be used in mobile processors for smartphones. In turn, the direct successors to the Snapdragon X Elite and X Plus PC processors will be equipped with Oryon 3 cores. The announcement of the Oryon 3 cores is expected to take place next year, closer to the Computex 2025 electronics exhibition.
It is noted that the second generation of Oryon cores for mobile devices has already been tested as part of the “Qualcomm reference platform based on Android 15.” Oryon 2 is expected to increase productivity by up to 30% and energy efficiency by up to 57% compared to the first generation Oryon. There is no information yet about the Oryon 3 cores, which will become the basis of the new generation of PC processors.
The company previously promised that laptops based on its Snapdragon X processors costing less than $1,000 would hit the market in early 2025. Later, the manufacturer explained that the new chips will be aimed at the segment of laptops no more expensive than $700. At the latest investor meeting, the company said that devices based on Qualcomm Arm processors will cost no more than $600, which will make them accessible to a wider range of buyers.
The decision to lower the price threshold for Snapdragon-based PCs is likely intended to help Qualcomm increase its share of the PC market, especially since it has set a goal of increasing revenue in this market segment by $4 billion by 2029. The company is sticking to its adopted in 2021, strategies to take advantage of the smartphone ecosystem and expand into other markets such as PCs and automobiles.
Based on its goals, the company expects automotive chip revenue to reach $8 billion, with about 80% of that amount, or $6.4 billion, already secured through contracts. Qualcomm also forecasts $4 billion in revenue from industrial chips, at least $2 billion from the VR segment, and at least $4 billion from its chips used in tablet computers and wireless headphones. All stated goals should help Qualcomm increase its annual revenue by $22 billion by 2029.