Qualcomm Unveils New Smartphone Chip in Shift to Its Own Designs

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Qualcomm Inc. unveiled a more powerful processor that’s designed to bring laptop-level capabilities to smartphones, helping the devices take advantage of new artificial intelligence tools.

The latest version of Qualcomm’s Snapdragon lineup will include its in-house Oryon processor design, the company said Monday at an event in Hawaii. The chip will be 45% faster than the previous model and use less energy, Qualcomm said.