India, April 28 -- Qualcomm is preparing to unveil its next-generation flagship processor, the Snapdragon 8 Elite 2, later this year. The chip is set to succeed the Snapdragon 8 Elite, which launched in October 2023. Sources suggest that Qualcomm plans to introduce the new processor just ahead of Apple's expected iPhone 17 release to give it direct competition in the smartphone market.

According to industry insider, Digital Chat Station, the Snapdragon 8 Elite 2 could be officially announced at the end of September 2024, with the first smartphones featuring the new chip hitting the market in October. This timing places the launch in direct competition with the iPhone 17, which typically debuts in September.

Xiaomi is expected to be one ...