Qualcomm to Unveil New Chipset to Power VR, AR Headsets

  • Chipmaker preps launch of Snapdragon XR1 next week at event
  • Company is seeking new markets to jump-start revenue growth

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Qualcomm Inc. plans to unveil a dedicated chip to power standalone virtual-reality and augmented-reality headsets as it seeks to break into new businesses beyond smartphones, according to people familiar with the matter.

The announcement will happen as early as next week at the Augmented World Expo in Santa Clara, California, the people said. They asked not to be identified because the plans aren’t yet public. The chip, to be called Snapdragon XR1, will be a system-on-a-chip with a main processing unit, a graphics processor, security functions and components to handle artificial intelligence tasks. The chip will also tackle voice control and head-tracking interaction with headsets.