According to Digitimes, Qualcomm is to make a phone.

The phone will be for gaming and will be made in conjunction with Asus.

The phone is thought to be likely to use the upcoming  5nm Snapdragon 875.

Asus makes its ROG (Republic of Gamers) phones specifically for gamers so is a natural for Qualcomm to hook up with.

Gaming phones have a high display refresh rate and enhanced cooling 

Reports say that the Qualcomm-Asus initiative will make a million phones with half branded ROG and the other half branded Qualcomm.