The upcoming price of Snapdragon 8 Gen 3 could hinder some smartphone brands due to financial constraints.
Qualcomm is rumored to release Snapdragon 8 Gen 3 by the end of this year. It seems the company has decided to raise the product's price, sparking concerns for some budget phone brands. According to the leak expert
Digital Chat Station, many manufacturers are willing to keep using Snapdragon 8 Gen 2 processors for future products, as Qualcomm's latest chip could have a considerably higher price.

OPPO and vivo could be considered as exemplary manufacturers, as they have a tradition of using older high-end chips for their flagship products. This is an inevitable occurrence, as businesses nowadays prioritize cost-cutting policies to enhance profit margins.
See more: realme GT 5 teased with Snapdragon 8 Gen 2 chip
Overall, Snapdragon 8 Gen 2 and MediaTek Dimensity (high-end) are still extremely powerful products, fully equipped with all features. So, if your new smartphone possesses one of these processors, feel proud as it's still on par with the latest Snapdragon chips.