At the quarterly earnings conference, Qualcomm management did not specifically highlight the revenue received from the sale of Snapdragon X processors for so-called AI PCs, but made it clear that PCs based on them will appear on the market next year, with prices starting at $700.
Image source: Qualcomm
Recall that currently the most affordable laptop based on the Qualcomm Snapdragon X Plus processor is the Microsoft Surface for $999, but a compact desktop system based on the Snapdragon X Elite can be purchased for $100 less. “Looking to 2025, in addition to new device models, our X-family product roadmap will expand to cover $700 products without having to sacrifice neural coprocessor (NPU) performance,” said Qualcomm CEO Cristiano Amon, quoted by the resource The VergeThe head of the company did not directly indicate that these would be laptops.
Qualcomm’s financial statements do not yet break out revenue from PC processors, as it is too early to do so, but the company’s management has confirmed that it is working with OEMs to develop the next generation of Copilot+ PC. In early September, IFA 2024 will be held in Germany, where Qualcomm intends to introduce new PC products. According to Amon, Qualcomm will continue to be a leading supplier of components for the AI PC segment. “We believe that PCs will be a major new driver of diversification for the company,” the CEO said.
Still, the market’s transition to AI PCs will be steadily slow, according to Amon. At the same time, some PC models based on Snapdragon X processors are already sold out. The company plans to introduce a new processor in its more traditional Snapdragon 8 mobile family by the end of October, and smartphones based on it will be released either by the end of this year or by the beginning of next year. The company has also managed to conclude long-term licensing agreements with two major Chinese smartphone manufacturers.
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