Qualcomm’s driverless tech, co-developed with BMW, is likely to draw licensing interests from various other 0 Executive Cristiano Amon told CNBC the rollout will show how the system behaves on public roads and could trigger a run of 1 move highlights how the US-based chip company is expanding beyond smartphones into cars, one of its rapidly-growing 2 week, BMW and Qualcomm announced a driving package built on Qualcomm’s 3 product is called ‘Snapdragon Ride Pilot Automated Driving System’, and it is a driver-assistance feature rather than a fully driverless 4 supports driving hands-free on some roads and can execute lane 5 does not make the car fully driverless or autonomous in 6 first vehicle to use it will be the BMW 7 auto firms say the feature will become available by 2026 in 100 8 says it was designed from the start to be licensed to carmakers other than 9 a Tuesday interview, Amon said the BMW launch will give shoppers and rivals a clear look at performance.
“Everybody’s been waiting for this moment, including ourselves, because people wanted to see how it performs in the street,” he 10 added that the iX3 will ship with the tech in about 60 countries, creating a large, real-world demo. “I think what I expect to happen, as OEMs see how it compares and how competitive it is, that’s going to ignite a domino effect” of carmakers looking to integrate this 11 said the company has “made a lot of progress” in talks with other manufacturers but is “not yet ready to announce” any new 12 approach fits a broader shift at Qualcomm The company still makes most of its money from chips installed on smartphones from vendors including Xiaomi and 13 it is pushing into different industries, including PC processors, semiconductors for data centers, and the automotive 14 auto unit is a central 15 generated almost $1 billion by the June quarter while growing 21% since the previous 16 has said it expects revenue from the automotive industry to reach $8 billion in 17 hit that target, the company is developing technology for many parts of the 18 chips could power systems like in-car entertainment and 19 Monday, Qualcomm announced that it partnered with Google Cloud to allow automakers to develop digital assistants of their 20 say the strategy is to offer a complete stack.
“Qualcomm are building a whole ecosystem led by software,” said Murtuza Ali, senior analyst at Counterpoint Research. “The main thing is they are a fully integrated solution provider for autonomy, which is what they were lacking.” Traditional carmakers, especially in Europe, are often seen as behind on software-driven features such as autonomous driving when compared with rivals from 21 gap matters as more models add advanced driver assistance and as brands try to keep customers 22 electric-vehicle market in the US is also shifting Tesla’s shares have dropped to their 8-year lows in August as buyers chose EVs from a growing set of competitors over the aging lineup sold by CEO Elon Musk’s company, based on information shared with 23 slide comes as rivals step up incentives during a difficult stretch for the EV 24 to analysts, the sales of electric vehicles in the US would continue at an increased pace in September and drop later after the expiration of federal tax 25 once controlled over 80% of the EV industry in the 26 August, it accounted for 38% of total EV sales, according to early Cox 27 was the first time the company fell below its 40% mark since October 28 that time, the company had ramped up the Model 3 production, the first mass-produced car for the 29 in Europe, BMW and Mercedes are challenging Tesla’s market share, as reported earlier by 30 crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
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