Snapdragon 8 Elite Gen 2's High Price Could Impact Smartphone Profits

A new report suggests that the upcoming Snapdragon 8 Elite Gen 2, Qualcomm's next flagship processor, will be even more expensive to produce than its predecessor. This could negatively impact smartphone manufacturers' profits in 2026. Following hints from a Qualcomm executive about the increasing cost of Snapdragon chips, the report from KiPost   states that the Snapdragon 8 Elite Gen 2's price will further strain smartphone profitability. Although the exact price remains undisclosed, it's expected to exceed the estimated $240 cost of the current Snapdragon 8 Elite. Despite the anticipated high cost, the Snapdragon 8 Elite Gen 2, which is already under testing, is expected to bring several improvements. One key upgrade could be the inclusion of Scalability Matrix Extensive (SME), a feature that enhances performance in complex workloads and significantly boosts single-core and multi-core performance. This feature is absent in the current Snapdragon 8 Elite and Dimensity 94…