
Today, Qualcomm made their entry level Snapdragon processors official, and listed off some pretty impressive specs for what's going to be considered “budget phone” in the next few months. The Snapdragon 200 series is the weaker of the two, offering quad A5 CPUs at up to 1.4 GHz per core, Adreno 203 GPU, and UMTS and CDMA support. The 200 series is listed as being balanced for cost and performance and will provide excellent battery life and speed for entry level phones.
The 400 series is the big brother of the two, and comes in two variants; Dual Krait CPUs running at up to 1.7GHz per core, or a quad A7 CPU at 1.4 GHz per core. It's paired with the Adreno 305 GPU, Miracast wireless display technology, a slew of different modem options, and LPDDR2 or LPDDR3 RAM, which will drastically improve processor performance. When this generation's budget processors are quad-core, I think it's safe to say that the devices to be released in 2013 are going to be pretty phenomenal.
source: Qualcomm