By HIGHLIGHTS This new chip is said to come with an optional 5G modem. The optional 5G modem is expected to make way for cheaper flagship phones. Qualcomm is making a new Snapdragon 888 SoC variant. Qualcomm has already launched two flagship chipsets this year i.e. the Qualcomm Snapdragon 888 and the Snapdragon 870 SoC. And if rumours are something to go by, then it looks like we'll be getting another flagship chipset from the house of Qualcomm this year as they seem to be set on giving more options to OEMs for making a variety of flagship phones. According to a new tweet from a reliable source, it looks like Qualcomm is working on a new model of the Snapdragon 888. It is said to be the "lower-end derivative of the Snapdragon 888" that lacks an integrated 5G modem. This means the OEMs using this particular chipset will have an option to launch 4G LTE variants of the flagship phones.