Qualcomm's APQ8060 dual-core Snapdragon processor is being used in Hewlett-Packard Co's
Steve Mollenkopf, Qualcomm's Group president, said in an interview on Thursday that companies had agreed to use its processors in more 20 tablets.
He gave no further details but said, "If you look at our customer base it tends to be a blend of traditional phone manufacturers going after that market as well as traditional PC manufacturers going after that market and we have a good mix of both."
Qualcomm shares rose 1.41 percent to end at $57.
HP is betting heavily on the its TouchPad tablet, due to be released this summer, making the design win significant for Qualcomm.
Qualcomm's newest processor belongs to the Snapdragon line and it allows for high-definition and 3D video.
Nvidia
Earlier this week, Texas Instruments
All three chipmakers' mobile processors' are based on an energy efficient architecture licensed to them by Britain's ARM Holdings
So far, manufacturers have mostly avoided Intel's
On Monday, market research firm IHS iSuppli said Apple's
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