There has been a shortage for a long time in the consumer electronics market, that is, in the products that appeal to the end user (especially the phone market.) and the world giant says that the problem will be fixed in the second quarter of 2023 at the earliest.
The market is growing very slowly and one of the main reasons for this is the slow growth of most electronics markets, mainly due to inflation. Of course, the segment also suffers from other factors such as inventory buildup.
In addition, the senior vice president considers it important that the company is not only a communications company but also an "internet company". He states that they want to focus on personal computers, virtual reality, autonomous driving and similar areas and they continue to develop it.
Qualcomm recently announced its new processor series under the name "Oryon" and held a large-scale conference. Taking a very strong step with Snapdragon 8 Gen 1, the company will also launch the 8 Gen 2 model next year to further strengthen its steps. While the first 8 Gen 2 phones are expected to be announced in December, it is expected to lead the phone market with technologies such as Wi-Fi 7 support and ray tracing. In addition to mobile processors, the company continues to invest in arm-based computer processors.
What do you think about this subject? Do you think Qualcomm will be successful with 8 Gen 2?