
Technology giant Qualcomm Technologies (NASDAQ:QCOM) is expanding its partnership with Samsung Electronics (OTC:SSNGY) (OTC:SSNLF) with a new Snapdragon mobile platform built for the new Galaxy Z Fold 7 smartphone.
What Happened: Qualcomm announced the new Snapdragon 8 Elite for Galaxy will power the Samsung Galaxy Z Fold7 globally and is the "most powerful and world's fastest mobile system-on-a-chip."