U.S. Markets closed
  • S&P Futures

    4,470.25
    -4.00 (-0.09%)
     
  • Dow Futures

    34,724.00
    -25.00 (-0.07%)
     
  • Nasdaq Futures

    15,499.00
    -18.75 (-0.12%)
     
  • Russell 2000 Futures

    2,231.00
    -2.20 (-0.10%)
     
  • Crude Oil

    72.61
    0.00 (0.00%)
     
  • Gold

    1,756.00
    -0.70 (-0.04%)
     
  • Silver

    22.89
    +0.14 (+0.61%)
     
  • EUR/USD

    1.1767
    -0.0004 (-0.0353%)
     
  • 10-Yr Bond

    1.3310
    +0.0270 (+2.07%)
     
  • Vix

    18.69
    +0.51 (+2.81%)
     
  • GBP/USD

    1.3789
    -0.0007 (-0.0538%)
     
  • USD/JPY

    109.8950
    +0.1770 (+0.1613%)
     
  • BTC-USD

    47,955.09
    -88.08 (-0.18%)
     
  • CMC Crypto 200

    1,227.22
    -6.07 (-0.49%)
     
  • FTSE 100

    7,027.48
    +10.99 (+0.16%)
     
  • Nikkei 225

    30,471.13
    +147.79 (+0.49%)
     

UPDATE 1-Google to launch own processor for upcoming Pixel phones

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

(Adds Google's statement)

Aug 2 (Reuters) - Alphabet Inc's Google will use processors designed in-house for its Pixel phones launching later this fall, in a shift away from Qualcomm Inc's technology that has powered the search giant's Android devices for more than 15 years.

The processor, called Tensor, will power the Pixel 6 and Pixel 6 Pro phones, Google said in a blog post, with the company set to disclose more details closer to the release. (https://bit.ly/37fXJtO)

Shares of Qualcomm, the world's largest maker of wireless chips for smartphones, were down marginally in afternoon trading.

Google said the next Pixel phone, 5a, would still have a Qualcomm processor.

"We will continue to work closely with Google on existing and future products based on Snapdragon platforms," a Qualcomm spokesperson said in a statement.

Last year, Apple Inc started using its own central processor designed for Macs, in a step away from chipmaker Intel Corp. (https://reut.rs/3lt7ZHr)

(Reporting by Chavi Mehta and Akanksha Rana in Bengaluru; Editing by Devika Syamnath)