Mobile Phone Chipset is pre-made with an embedded chipset which is best known to enhance and perform one or two dedicated functions , often with real-time computing constraints. Chipsets are part of your complete smartphone embedded even with hardware and mechanical parts.
Note that mobile phone chipset works according to your phone programming and chipsets are known to perform different tasks this era due to popular phones brands are releasing.
However mobile phone CPU (Central Processing Unit) performance is one of the important tool for the daily user experience as people use the clock rate of the CPU which is engrave in the heart of the chipset to test and compare mobile phones performance.
What I mean there is you can use the clock rate to carry out performance comparisons between the same processor family.
Now that mobile phones games like pokemon go is gaining popularity, users are getting to know about the real value of GPU (Graphics Processing Unit) and its various types chips that is a part of mobile chipsets.