3 Things Qualcomm, Inc. Wants You to Know About Its Snapdragon 450

Qualcomm (NASDAQ: QCOM) is the leading vendor of integrated applications processors and modems for smartphones. Although the company's highest-end products tend to get the bulk of the attention from the press and consumers alike, the reality is that most smartphones aren't what Qualcomm refers to as "premium-tier" phones.

Qualcomm's chip strategy is good because it doesn't focus on just one segment of the smartphone market. It builds chips with appropriate feature sets and cost structures for each "tier" of the smartphone market, ranging from the very lowest-end devices to the flashiest flagship devices.

Image source: Qualcomm.

Source: Fool.com