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OpenAI Teams with Qualcomm, Luxshare for 2028 AI Phone

4/28/2026

Summary

OpenAI Launches AI-Phone

OpenAI is developing an AI-first smartphone with Qualcomm and MediaTek for mass production in 2028.
Luxshare Precision Industry will serve as the exclusive system co-design and manufacturing partner.
Chip specifications are slated to be finalized by late 2026 or early Q1 2027.
The phone will replace apps with AI agents, using edge models for simple tasks and cloud models for complex ones.

Summary

Qualcomm Surge

Qualcomm shares jumped 13% in pre-market trading after TF International Securities analyst Ming-Chi Kuo reported an OpenAI smartphone chip collaboration.
Luxshare Precision Industry shares rose up to 10% on the Shenzhen exchange while Apple’s shares fell 2.2% in New York trading on the same news.
Qualcomm projected Q2 FY2026 revenue of $10.2-$11 billion, with automotive revenue up 15% YoY to $1.1 billion, and referenced a $20 billion stock buyback approved in March.

History

Historical Context

Steve Jobs unveiled the iPhone on January 2007, a multi-touch phone from Apple’s secret Project Purple that cost about $150 million to develop. The launch created the app economy and exclusive carrier model. In 2028 OpenAI’s partnership with Qualcomm and Luxshare seeks to repeat that disruption by replacing apps with AI agents and reshape hardware revenue streams.

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OpenAI Launches AI-Phone

OpenAI is developing an AI-first smartphone with Qualcomm and MediaTek for mass production in 2028.
Luxshare Precision Industry will serve as the exclusive system co-design and manufacturing partner.
Chip specifications are slated to be finalized by late 2026 or early Q1 2027.
The phone will replace apps with AI agents, using edge models for simple tasks and cloud models for complex ones.

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