Qualcomm announced that has set up a company in China to promote and sell these new CPUs, which could be the a move into the server based CPU market.
So far there is little technical detail out there. Qualcomm has not announced a model number or name for the product and will only say it is thinking of adding more cores to its non-revealed product later.
The new CPU is the sort thing that Big Data mining and machine learning wants. It is a specialist field that few CPU manufactures have shown much interest, unless you count Intel's Hard Day's Knight range. Qualcomm is also interested in machine learning and Artificial Intelligence so this sort of chip will be at hope in that sort of world – with Google as a potentially big customer.
Qualcomm hints that its 24-core CPU has been verified to work in virtualisation scenarios, such as running VM software and supporting Linux.
It is also running around building strategic partnerships with companies such as Xilinx and Mallanox Technologies, which would facilitate a quick entry into the mainstream server marketplace.