-
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.
See other products from Benzinga
Don’t miss real-time stock alerts – join Benzinga Pro for free! Explore tools that help you make smarter, faster and better investments.
© 2023 Benzinga.com. Benzinga does not provide investment advice. all rights reserved.