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    1810   KYG9830T1067

XIAOMI CORPORATION

(1810)
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Delayed Hong Kong Stock Exchange  -  04:08 2022-07-06 am EDT
13.18 HKD   -1.35%
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Qualcomm Extends Leadership in Premium and High Tier Android Devices with Snapdragon's Newest Powerhouse Mobile Platforms

05/20/2022 | 09:46am EDT

-Snapdragon 8+ Gen 1 and Snapdragon 7 Gen 1 Mobile Platforms Deliver Cutting-Edge Mobile Experiences in Premium and High-Tiers Smartphones-

Highlights:

- The Company's newest premium-tier platform-Snapdragon 8+ Gen 1-is a true powerhouse delivering power and performance enhancements forthe ultimate boost across all on-device experiences.

- Offering a selection of high-end, in-demand features and technologies, Snapdragon 7 Gen 1enables epic mobile gaming, high-speed connectivity, intelligent entertainment and larger-than-life capture.

- Commercial devices based on these new mobile platforms are expected to be available from an array of global OEMs starting in Q2 2022.

- According to the latest findings from Counterpoint Research, IDC1, and Strategy Analytics, Qualcomm Technologies is the global leader in premium Android smartphone SoC industry share.

SAN DIEGO -- Qualcomm Technologies, Inc. announced its latest lineup of mobile platforms, Snapdragon® 8+ Gen 1 and Snapdragon 7 Gen 1, to power the next generation of premium and high-tier Android smartphones. The Company's newest flagship platform, Snapdragon 8+, is a premium-tier powerhouse delivering power and performance enhancements for the ultimate boost across all on-device experiences. Snapdragon 7 offers a selection of high-end, in-demand features and technologies and enables them for more people around the world. According to the latest findings from Counterpoint Research, IDC1, and Strategy Analytics, Qualcomm Technologies is the global leader in premium Android smartphone SoC industry share.

"In the mobile segment, our primary focus is to deliver new, groundbreaking features and technologies to the industry, and for our customers' flagship devices. We implement these features first in our Snapdragon 8-series and then waterfall them down our mobile roadmap," said Christopher Patrick, senior vice president and general manager, mobile handsets, Qualcomm Technologies, Inc. "The new Snapdragon 8+ and 7 Gen 1 both deliver breakthrough user experiences in their respective tiers."

Snapdragon 8+ Gen 1 Mobile Platform*

The Company's latest premium mobile powerhouse, Snapdragon 8+ Gen 1 Mobile Platform, delivers the ultimate boost across all on-device experiences and lets users maximize their play all day. Snapdragon 8+ Gen 1 will be adopted by leading global OEMs and brands including ASUS ROG, Black Shark, HONOR, iQOO, Lenovo, Motorola, Nubia, OnePlus, OPPO, OSOM, realme, RedMagic, Redmi, vivo, Xiaomi, and ZTE, with commercial devices expected to be available in Q3 2022.

- Amped-up Gameplay: Containing the full suite of Snapdragon Elite Gaming(TM) features, Snapdragon 8+ Gen 1delivers ultra-smooth responsiveness, color-rich HDR scenes at the highest visual quality, and desktop-level capabilities. With an improved Qualcomm® Adreno(TM) GPU, Snapdragon 8+ provides up to 10% faster speeds and 30% power reduction to deliver the ultimate gameplay experience. Plus, with this platform's added power efficiencies, users can expect up to 60 extra minutes of gameplay. Snapdragon 8+ also features a Qualcomm® Kryo(TM) CPU with up to 10% faster processing and up to 30%improvement in power efficiency.

- Pro-grade Capture: Snapdragon 8+ Gen 1 features the latest Snapdragon Sight(TM) technologies like 8K HDR video recording to take smartphone videography up a notch. It's capable of capturing in the premium HDR10+ format that's loaded with over a billion shades of color.

Unbeatable Intelligence: Snapdragon® Smart capabilities, powered by the 7th Gen Qualcomm® AI Engine, deliver up to 20% better performance per Watt to enable ultra-advanced AI use cases across the board for intuitive, depth-defying interactions like legendary Leica Leitz bokeh effects.

- Full-throttle Connectivity: Best-in-class 5G, Wi-Fi and Bluetooth with the full suite of Snapdragon® Connect features for mobile. The Snapdragon X65 Modem-RF System provides remarkable speed and efficiency so users can talk to friends and family for over 5.5 hours longer. The Qualcomm® FastConnect(TM) 6900 powers incredible experiences over Wi-Fi and Bluetooth and includes Snapdragon Sound(TM) with support for CD Lossless audio quality, ultra-low latency for lag-free gaming and robust connectivity.

Snapdragon 7 Gen 1 Mobile Platform**

Snapdragon 7 Gen 1 brings a selection of high-end, in-demand features and technologies to more people around the world, like epic mobile gaming, high-speed connectivity, intelligent entertainment and larger-than-life capture. Snapdragon 7 Gen 1 will be adopted by leading global OEMs and brands including HONOR, OPPO, and Xiaomi, with commercial devices expected to be available in Q2 2022.

- Epic Mobile Gaming: Snapdragon 7 features select Snapdragon Elite Gaming features, like Adreno Frame Motion Engine, which can double the framerate to upscale content while maintaining the same power consumption. The improved Adreno GPU delivers more than 20% faster graphics rendering. This platform also supports an immersive Quad HD+ Display and amplified audio featuring anti-howling for multi-player gaming.

- Larger-than-life Capture: Snapdragon 7 Gen 1 features a Qualcomm Spectra(TM) triple ISP so users can shoot simultaneously from three cameras or take photos at an astounding 200MP-a first in the Snapdragon 7 series. Users can take advantage of staggered 4K HDR, which produces photos with incredible contrast, sharpness, and realism producing peak brightness and deep blacks.

- Intelligent Entertainment: Combining Snapdragon 7's camera capabilities with its 7th gen Qualcomm AI Engine, enables Deep Learning Face Detect, based on 300 facial landmarks, which allows for more accurate auto focus-even while wearing a mask. Snapdragon 7 Gen 1 also features up to 30% improved AI performance.

- Vault-like Security: Snapdragon 7 Gen 1 includes a dedicated Trust Management Engine and Android Ready SE-a Snapdragon 7-series first-prioritizing the safety and protection of users' information.

- High-speed Connectivity: Snapdragon 7 Gen 1 features the 4th gen Snapdragon X62 5G Modem-RF System and includes FastConnect 6900 which delivers superior Wi-Fi and Bluetooth-with Snapdragon Sound - another first for the 7-series-for the ultimate jitter-free, immersive experience.

*All comparisons made to the previous generation, Snapdragon 8 Gen 1 Mobile Platform

**All comparisons made to the previous generation, Snapdragon 778G 5G Mobile Platform

Battery life and storage varies significantly based on device, settings, usage, and other factors. Qualcomm contacts: Pete Lancia Mauricio Lopez-Hodoyan

.

(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials
Sales 2022 334 B 49 767 M 49 767 M
Net income 2022 12 930 M 1 924 M 1 924 M
Net cash 2022 47 933 M 7 134 M 7 134 M
P/E ratio 2022 22,3x
Yield 2022 -
Capitalization 284 B 42 289 M 42 289 M
EV / Sales 2022 0,71x
EV / Sales 2023 0,59x
Nbr of Employees 33 793
Free-Float 58,6%
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Number of Analysts 31
Last Close Price 11,44 CNY
Average target price 12,59 CNY
Spread / Average Target 10,1%
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Managers and Directors
Jun Lei Chairman & Chief Executive Officer
Xiang Wang President
Alain Lam Chief Financial Officer
Yan Qi SVP-Internal Operations & Public Affairs
Dong Sheng Chen Independent Non-Executive Director
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