Skip to main content

Qualcomm (QCOM) said on Wednesday that computer hardware manufacturers ASUS (AKCPF) , HP (HPQ)  and Lenovo (LNVGY) will become the first original equipment manufacturers (OEM) to build mobile PCs powered by the Qualcomm Snapdragon 835 featuring its X16 LTE Modem.

The announcement took place at the Computex 2017 in Taipei, an annual computer expo held May 30 to June 3.

"With compatibility for the [ Microsoft (MSFT) ] Windows 10 ecosystem, the Snapdragon Mobile PC Platform will enable Windows 10 hardware makers to develop next-generation modern device form factors and deliver unparalleled anything, anywhere creation experiences with up to Gigabit Class LTE connectivity," said Cristiano Amon, executive VP, Qualcomm Technologies, and President, QCT.

Scroll to Continue

TheStreet Recommends

The LTE connectivity coupled with the Snapdragon 835 platform will enable these devices to feature beyond all-day battery life.

Shares of Qualcomm were lower during mid-morning trading on Wednesday. Intel shares fell slightly to $36 as the Qualcomm news suggests further market share gains.  

Stocks have rebounded following a sharp sell off last week. Jim Cramer believes the rebound is real and gives investors advice on how to play the market going forward.