Qualcomm has been attempting to get into the PC market for some time. They paid a premium sum to acquire Nuvia, the company that contains Qualcomm’s PC processor ambitions for the future. Last November, at their Investor Day, the company announced that it will begin manufacturing its own laptop chips in 2022. These ambitions, however, were short-lived. During the company’s earnings call today, Qualcomm President and CEO Cristiano Amon acknowledged that the company is still developing its own processors.
In response to a question concerning an update on the development of its own custom silicon, Qualcomm’s CEO stated that the business is on track in producing its own NUVIA-designed CPU. The chipmaker intends to target the performance tier market with choices aimed squarely at the enterprise segment. He also stated that Windows PCs based on the technology will be available in late 2023. This confirms previous rumours that Qualcomm’s first PC chip would be available in 2022.
Qualcomm’s CEO also stated that the company is transitioning from a communications company for the mobile sector to a linked processor company for the intelligent edge. The company announced sales of $11.16 billion in FY Q2 2022, up 41 percent year-on-year, and net income of $3.7 billion, up 68 percent year-on-year. Additionally, the chip segment revenue was $9.55 billion, up 52 percent year-on-year. Qualcomm has maintained a healthy revenue stream, owing to its partners and OEMs such as Samsung, Xiaomi, Oppo, Vivo, and Honor.
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Regarding its current ARM-based Windows devices, the Qualcomm CEO said, “We have been working with Microsoft for many years. I think Windows 11, as I mentioned before, is for the first time, you’ll have full support, including 64-bit emulation on ARM. It’s the first time that you actually have a platform, which is ready for commercial and enterprise deployments. We did — within the quarter launched with Lenovo, the first enterprise ThinkPad. And we have a number of designs with our 8 CX generation 3”.