Qualcomm a multinational corporation known for designing and manufacturing semiconductors and wireless telecommunications products, announced its Q1 2024 Quarterly Results on January 31, 2024. At this discussion, the firm also reported the expansion of its multiyear agreement with Samsung.
Samsung has used Qualcomm’s Snapdragon processor made for Galaxies in its flagship Galaxy devices for a long time, even the newly launched Galaxy S24 Ultra boasts a Snapdragon 8 Gen 3 chip, to offer its users a seamless experience. While some models of Korean tech giants also use Exynos like Galaxy S24 and S24+.
However, the extension of Qualcomm’s multiyear agreement with Samsung, hints that Snapdragon chips will continue to power flagship Galaxy devices for years. Notably, the manufacturer has not disclosed the years for which the partnership has expanded, but the company’s CEO said that it is for years, starting in 2024.
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Qualcomm said,
We’re also announcing that we extended a multiyear agreement with Samsung relating to Snapdragon platforms for flagship Galaxy
smartphone launches starting in 2024. The extended agreement demonstrates the value of Snapdragon 8, our technology leadership, and our successful long-term strategic partnership with Samsung.
In the quarter, we also announced the Snapdragon 7 Gen 3 mobile platform, which brings leading-gen AI capabilities to high-tier Android smartphones and is a category leader in both experiences and performance.
