# Qualcomm reportedly launching new Snapdragon 8 Elite Gen 5 chip this year A new processor for affordable flagship devices is on the way. - **Source:** [GSMArena.com - Latest articles](https://brifing.si/source/ae58cd90-1e26-4445-9a9c-963b7954a50c) - **Published:** 2026-07-23 - **Topic:** [Business](https://brifing.si/c/business) - **Original article:** - **On Brifing:** https://brifing.si/s/7ca6be18-fc28-4bfe-a3a0-8921471b378e ## New Snapdragon 8 Elite Gen 5 announced Qualcomm is preparing to launch a new version of its Snapdragon 8 Elite Gen 5 processor. According to leaker Digital Chat Station on Weibo, the new model, labeled SM8850-1-AB, will offer performance similar to the standard version. The chip will be used in devices priced under CNY 4,000. ## Focus on value for money The new processor will be more affordable than the standard Snapdragon 8 Elite Gen 5. This aims to make flagship features more accessible. Qualcomm plans to strengthen its presence in the mid-to-high-end device segment with this move. ## Existing versions There are currently three different versions of the Snapdragon 8 Elite Gen 5 on the market. In addition to the standard model, there is a seven-core version used in Oppo's Find N6 and another model used in Samsung's Galaxy S26 and Z Fold8 series. ## Performance expectations The new chip is expected to have Geekbench 6 scores close to the standard version. This means users can expect high performance in more affordable devices. Qualcomm aims to pave the way for competitively priced flagship devices. ## Which devices will use it? The new processor is expected to be used in affordable flagship devices, often referred to as flagship killers. Given that the Snapdragon 8 Elite Gen 6 is likely to be much more expensive, this could be a significant strategic move. ## Market impact Qualcomm's move could energize the mid-to-high-end device market. More affordable flagship devices mean more options for consumers. This could help Qualcomm increase its market share. ## Sources covering this story - https://www.gsmarena.com/qualcomm_is_allegedly_launching_a_new_snapdragon_8_elite_gen_5_soc_this_year-news-73846.php — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._