Qualcomm Stock News

This article was originally published on TipRanks.com Qualcomm (QCOM) has entered into a strategic technology partnership with Ferrari (RACE). The post Qualcomm to Power Ferraris Next-Generation Cars appeared first on Smarter Analyst .

Rome, Feb 9 (IANS) Chipmaker Qualcomm Technologies has announced a strategic technology collaboration with luxury sports car brand Ferrari that is aimed at helping accelerate the digital transformation of the carmaker. Qualcomm Technologies will serve as Ferraris systems solutions provider for its upcoming Ferrari road cars, as well as a Premium Partner for the Scuderia [] The post Ferrari, Qualcomm join hands to build smarter cars appeared first on Buziness Bytes .

\Ferrari N.V. and Qualcomm Technologies revealed on Tuesday, Feb. 8, that they have entered into a partnership deal for future tech projects related to road and racing cars. The companies will be collaborating on the

Qualcomm Technologies will serve as Ferrari’s systems solutions provider for its upcoming Ferrari road cars, as well as a premium partner for the Sc..

Ferrari NV (NYSE: RACE ) collaborated with Qualcomm Inc (NASDAQ: QCOM ). Qualcomm will be a Scuderia Ferrari Premium Partner through Snapdragon, Qualcomm''s premium product and experience brand leveraged across multiple platforms and categories, … Full story available on Benzinga.com

Qualcomm and Ferrari have announced a "strategic technology collaboration" that will see the two work together on smarter cars using Qualcomms Digital Chassis suite of technologies.

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Ferrari says one of the first common projects between the two companies will include a digital cockpit.

Availability of smartphones and automobiles are likely to improve as chip designers expect semiconductor supply constraints to ease from the second quarter of 2022. While availability of semiconductors for smartphones is expected to balance out over the next couple of months, those used in vehicles will see an increase in supplies toward the end of the year.The pandemic showed us how important it is to remain connected in a hybrid environment, with the same efficiency as in an office, Rajen Vagadia, VP and President, Qualcomm India and SAARC, told ET. This triggered demand for better cameras, audios, phones, laptops. The supply chain had to pivot.With chip makers working on tailoring production to demand, optimising capacity utilisation and investing in expanding operations, availability of semiconductors is now expected to improve - both for consumer electronics and automobile manufacturers. In FY22, however, passenger vehicles makers in the country could lose about 500,000 units in sales on chip shortage, ratings agency ICRA said recently.That translates into about Rs 1,800-2,000 crore in lost sales opportunity.Easing of supply constraints will offer respite to automakers at a time when India is readying to hold auctions for 5G spectrum and rollout of the technology in FY23.Once 4G came in and made audio streaming possible, vehicles started mimicking phones.

The mobile chipmaker is growing -- but its stock is barely moving.

"You''re always going to have the big social network, consumer play … but industrial is big," Qualcomm CEO Cristiano Amon told CNBC''s Jim Cramer.

Qualcomm is the IBD Stock Of The Day after the maker of wireless chips delivered a beat-and-raise quarterly report.

Arete Research Partner and Co-Founder Brett Simpson joins Yahoo Finance Live to discuss Qualcomm''s blowout earnings.