Qualcomm releases Snapdragon 8 Elite chip: equipped with Oryon core, performance improves by 45% compared to the previous generation. On Monday (October 21st) local time, Qualcomm announced its new flagship mobile phone processor, Snapdragon 8 Elite, at the Snapdragon Summit. This processor is said to bring laptop level functionality to smartphones. According to Qualcomm, the latest version of the Snapdragon series will include its self-developed Oryon processor design, which will improve performance by 45% compared to previous models and consume lower energy.