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Chipmaker Qualcomm says automotive future business expands to $30 billion

Channel News Asia LogoChannel News Asia1w ago

Chipmaker Qualcomm says automotive future business expands to $30 billion - Channel News Asia

Quick Summary:

US chip maker Qualcomm on Thursday (Sep 22) said its automotive business "pipeline" increased to US$30 billion, up more than US$10 billion since its third quarter results were announced in late July.

People visit a Qualcomm booth at the Mobile World Congress (MWC) in Shanghai, China February 23, 2021.

With electric vehicles and autonomous features increasing in cars, the number of chips used by automakers are surging and the automotive market has been a key growth area for chipmakers.


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Chipmaker Qualcomm says automotive future business expands to $30 billion - Channel News Asia (Picture 1)

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Article Details

Category: Economy

Topics: Product News Automotive Qualcomm Autonomous Mobile Mediacorp 2022 Snapdragon Digital Chassis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23, 05:07:12

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Reading Time: 2 minutes read

Article Length: 272 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 478516

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About Channel News Asia

Channel News Asia Logo

Main Topics: Economy

Official Website: channelnewsasia.com

Update Frequency: 62 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1h ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #27

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