Chip designer Qualcomm has revealed it intends to shed over 1,000 California-based employees, delivering on previously foreshadowed plans to address its economic woes. Qualcomm reported a near-sixty-percent profit plunge in August – largely due to a slowdown in demand for smartphones leading to lower sales of its silicon for such devices. X marks the Snapdragon In happier Qualcomm news, the chip shop on Wednesday announced it’s chosen the moniker « Snapdragon X Series » for CPUs it designs for use in PCs. « 2024 will be an inflection point for the PC industry, and Snapdragon X compute platforms will deliver next-level performance, AI, connectivity and battery life, » it said. Qualcomm has promised « new logos and platform badges will bring the Snapdragon X series to life visually in new ways » that will use « the iconic Snapdragon fireball with a twist – bold, vibrant, clean, distinctive. »
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