
Qualcomm introduced two new processors, Snapdragon 6 Gen 5 and Snapdragon 4 Gen 5, designed for lower-cost smartphones. These chips support the new Wi-Fi 7 standard, offering faster internet speeds and better multitasking, along with higher display refresh rates and improved gaming capabilities such as 144Hz refresh rates and 90fps. This launch is significant as it addresses rising electronics costs amid a global RAM shortage, potentially enhancing value in budget phones. The new processors face competition from Mediatek, Google, and Samsung in the affordable phone market, with no confirmed release dates for devices using these chips yet.