The rumored price of Snapdragon 8 Gen 3 means phones may stick with 8 Gen 2 for longer

Qualcomm’s Snapdragon 8 Gen 2 processor may stick around for another year, according to a new report. The move would be made by phone manufacturers in an effort to keep costs down as generational gaps shrink. The rumored Snapdragon 8 Gen 3 processor may be limited to ultra-premium smartphones as it is said to carry a hefty price tag compared to its predecessor.

This report comes from the leaker Digital Chat Station on the Chinese microblogging site Weibo. In a post, the leaker wrote that the Snapdragon 8 Gen 3 may be too expensive for many phone makers, with some likely opting to use the current Snapdragon 8 Gen 2 processor instead.