Qualcomm unveils Snapdragon 7 Gen 3 for mid-tier phones

SAN DIEGO – Qualcomm (NASDAQ:) has introduced the Snapdragon 7 Gen 3 chipset, its latest innovation designed to elevate the performance of higher-mid tier smartphones. The new chipset is a significant upgrade from its predecessors, boasting enhanced speed, efficiency, and advanced features catering to gaming, photography, and connectivity.

The Snapdragon 7 Gen 3 is manufactured using TSMC’s 4nm process technology, which allows for a compact design without compromising on power. Its eight-core CPU configuration includes a Cortex-A715 prime core with speeds up to 2.63GHz, three performance cores running at 2.4GHz, and four Cortex-A510 efficiency cores at 1.8GHz. This setup enhances multitasking capabilities and achieves a 15% increase in CPU speed compared to the SD7Gen1 model.

In terms of graphics, the Adreno720 GPU represents a substantial leap forward, delivering 50% greater performance than the previous Adreno710. This enables support for high-fidelity QHD+ displays with refresh rates of 120Hz and full HD+ displays up to 168Hz. Additionally, it can handle external screens at a refresh rate of up to 60Hz, offering users versatile visual experiences.

The chipset’s AI Engine bolsters performance per watt by over 50%, allowing for more efficient and smarter device operations. The Qualcomm® Sensing Hub brings sophisticated activity recognition functionalities that adapt to user behavior for an intuitive experience.

For gamers, the Snapdragon 7 Gen 3 includes select Snapdragon Elite Gaming features such as “Super Resolution,” which together with the improved graphic rendering speeds—up by half—promises an immersive gaming experience.

Photography capabilities are significantly enhanced with support for camera sensors up to an astonishing resolution of over two hundred megapixels, managed by advanced image signal processor (ISP) technology.

Connectivity is another area where the SD7Gen3 shines. The X63 Modem-RF System supports peak download speeds over the latest cellular networks. Additionally, FastConnect™ offers cutting-edge WiFi-6E speeds, and Bluetooth advancements are included to complete the robust connectivity suite. Users can also benefit from Qualcomm Quick ChargeTM technology for faster charging cycles.

This latest release from Qualcomm underscores the company’s commitment to advancing mobile technology and providing powerful yet efficient solutions for smartphone users seeking premium features at a more accessible price point.

InvestingPro Insights

As Qualcomm continues to innovate and push the boundaries of mobile technology, it’s worth noting the company’s financial performance and market standing. According to InvestingPro data, Qualcomm has a robust market capitalization of $144.1 billion and a P/E ratio of 20.01 as of the last twelve months of Q4 2023. The company’s revenue during this period stood at $35.82 billion, indicating its substantial position in the Semiconductors & Semiconductor Equipment industry.

InvestingPro Tips highlight that Qualcomm yields a high return on invested capital and has impressively raised its dividend for 21 consecutive years, reflecting consistent returns for shareholders. Moreover, the company’s stock has shown strong returns over the last three months, suggesting a positive market sentiment.

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