Tuesday, March 28Welcome

Qualcomm’s latest automatic chip likely to help transition in the most cost-effective way

  • Qualcomm Technologies Inc. (NASDAQ: QCOM) has announced the Snapdragon Ride Flex SoC, which co-exists digital cockpit, ADAS and AD functionality in one SoC.

  • SVP Nakul Duggal said: And the ADAS/AD stack solution…”

  • “Obviously, we’re reducing the number of physical boxes. So it’s down to just one box. It reduces the amount of memory required. It requires fewer additional external components,” Duggal told Reuters. Told.

  • Qualcomm Technologies’ integrated automotive platforms, including Snapdragon Cockpit Platforms, Snapdragon Auto Connectivity Platforms and Snapdragon Ride Platforms, continue to drive leadership and growth with an order pipeline of over $30 billion.

  • The number of chips used by automakers is skyrocketing due to the increase in electric vehicles and autonomous features of vehicles, making the automotive market a key growth area for chipmakers.

  • Duggal said customers in the automotive industry are already testing the new chip, which is expected to hit the market in the first half of next year.

  • Qualcomm has been steadily building its automotive business in recent years, announcing in September that its automotive business “pipeline” had grown to $30 billion.

  • Price action: On Wednesday’s final check, QCOM shares traded 3.43% higher at $110.88.

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