Sushant Talwar New Delhi December 1, 2020 UPDATED: December 1, 2020 21:12 IST. Prior rumors suggested that the company may look to use its own modem in next year's iPad Pro, but other speculation has pegged 2022 as the year that Apple will make the switch. The news was enough to send Skyworks Solutions (NASDAQ:SWKS) and some other Apple-reliant companies lower as well. For more information please visit www.nuviainc.com.Â. Returns as of 01/14/2021. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering, research and development functions, and substantially all of our products and services businesses, including our QCT semiconductor business. The addition of NUVIA CPUs to Qualcomm Technologies’ already leading mobile graphics processing unit (GPU), AI engine, DSP and dedicated multimedia accelerators will further extend the leadership of Qualcomm Snapdragon platforms, and positions Snapdragon as the preferred platform for the future of connected computing. The company’s founders and employees are expected to join Qualcomm following completion of the deal by US regulators. Barron's also provides information on historical stock ratings, target prices, company earnings, market valuation and … Shares of Qualcomm (NASDAQ:QCOM) have fallen today, down by 8% as of 12:05 p.m. EST, following a Bloomberg report that Apple (NASDAQ:AAPL) … Stock Advisor launched in February of 2002. OnePlus: “We are excited to hear Qualcomm will be extending their industry leading Snapdragon mobile platform leadership by acquiring the world class CPU team at NUVIA. Augmenting its leading technology roadmap to redefine computing performance  The acquisition of NUVIA will enable Qualcomm to continue to advance Snapdragon’s industry leadership and help Acer to continue to innovate and bring high performance, 5G connected devices to our customers globally,” said  James Lin, General Manager, Notebooks, IT Products Business, Acer Inc. ASUS: “We have had the pleasure of collaborating with Qualcomm for many years to deliver premium smartphones, such as our flagship ROG Phone for gaming, as well as PCs powered by the exceptional performance and connectivity of Snapdragon platforms. HIGHLIGHTS. Technology. Qualcomm has launched its second-generation in-display fingerprint scanning technology called 3D Sonic Gen 2 that comes with a larger surface area … Sharp: “With Qualcomm’s expertise and leading technologies, we have been able to deliver cutting edge devices and premium mobile experiences and we welcome the addition of NUVIA to extend Qualcomm’s leadership and enhance their capabilities,” said Shigeru Kobayashi GM, Sharp Personal Communications Group. Acer: “Together with Qualcomm we have delivered a new generation of thin and light always connected PCs and Chromebooks. The addition of NUVIA is welcomed as we continue to work with Qualcomm to deliver world class in-vehicle services and experiences,” said Thierry Cammal, Alliance Global Vice President Software Factory. The acquisition of NUVIA builds on Qualcomm Technologies’ Snapdragon technology leadership, delivering step-function improvements in CPU performance and power efficiency to meet the demands of next-generation 5G computing.Â. It has QCOM expecting adjusted EPS of $1.95 to $2.15 on revenue of $7.8 billion to … OnePlus fans will also be excited to see what innovation and new premium experiences we can deliver on new flagship One Plus devices powered by future generations of Snapdragon mobile platforms,” said Pete Lau, Founder and CEO, OnePlus. About NUVIA Inc.Headquartered in Santa Clara, NUVIA was founded on the promise of reimagining silicon design for high-performance computing environments. Get Qualcomm Inc (QCOM:NASDAQ) real-time stock quotes, news and financial information from CNBC. The transaction is subject to customary closing conditions, including regulatory approval under the Hart-Scott-Rodino Antitrust Improvements Act of … Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Qualcomm Technologies, Inc., a wholly-owned subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of Qualcomm's engineering, research and development functions, and substantially all of its products and services businesses. When we connected the phone to the internet, the mobile revolution was born. News. Nuvia, a server chip startup led by a former Apple chip architect, is expected to become part of mobile chipmaker Qualcomm in a $1.4 billion deal announced this … “The NUVIA team are proven innovators, and like Qualcomm, have a strong heritage in creating leading technology and products. Qualcomm Snapdragon 888 5G announced, coming to phones like OnePlus 9 Pro and Mi 11 next year . Insights; Mkt. As we look to create the advanced capabilities PC users demand, we are excited that the world class CPU development team from NUVIA is joining Qualcomm and we look forward to continuing to work together to deliver breakthrough PC experiences to users across the globe,” said Gianfranco Lanci, President and COO, Lenovo. Today, our foundational technologies enable the mobile ecosystem and are found in every 3G, 4G and 5G smartphone. These Tech Stocks Are Safe, Why Qualcomm Is a Dividend Investor's Dream, Copyright, Trademark and Patent Information. LG Electronics: “The automotive industry is evolving at an accelerated pace of innovation driven by the adoption of new in-vehicle services and capabilities powered by technology partners like Qualcomm. "The addition of NUVIA extends Qualcomm’s capabilities in these three areas and we're excited to see the next generation of Snapdragon with NUVIA. Bosch considers the adoption of new in-vehicle services and capabilities as one major driver for growth. Enabling Samsung and the mobile ecosystem to redefine premium performance for smartphones ", Samsung: “With NUVIA joining the Qualcomm team, we look forward to continuing to innovate and building incredible experiences together. Find the latest QUALCOMM Incorporated (QCOM) stock quote, history, news and other vital information to help you with your stock trading and investing. No matching results for '' Tip: Try a valid symbol or a specific company name for relevant results. A high-level overview of QUALCOMM Incorporated (QCOM) stock. Qualcomm Incorporated includes Qualcomm's licensing business, QTL, and the vast majority of its patent portfolio. Leading CPU talent to join Qualcomm’s best in class innovation culture. Clear This Search. Market data powered by FactSet and Web Financial Group. Apple is one of four customers that each contribute at least 10% of Qualcomm's revenue, according to regulatory filings. Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Qualcomm Stock Fell Today @themotleyfool #stocks $QCOM $AAPL, Worried About a 2021 Stock Market Crash? The company is announcing today that its latest premium mobile chipset is the Snapdragon 888, and it’ll be in Xiaomi’s upcoming Mi 11 flagship. Qualcomm and Snapdragon are trademarks or registered trademarks of Qualcomm Incorporated. ©2021 Qualcomm Technologies, Inc. and/or its affiliated companies. The Cupertino tech giant had acquired the remnants of Intel's modem business last year for $1 billion, which was the clearest sign yet of Apple's plans. The 750G will take its place alongside Qualcomm’s other 5G-capable 700-series SoCs, and given the numbering, it’ll probably be a … Qualcomm just snapped up Apple’s chief architect and his CPU startup. Samsung is set to release its Galaxy S20 series on January 14. . Shares of Qualcomm (NASDAQ:QCOM) have fallen today, down by 8% as of 12:05 p.m. EST, following a Bloomberg report that Apple (NASDAQ:AAPL) has officially started to work on its in-house cellular modem. Apple's chip chief Johny Srouji told employees in an internal town hall meeting that the company had "kicked off the development of our first internal cellular modem" earlier this year, according to the report. These are the best 5G phones available today See more Computing news Evan graduated from the University of Texas at Austin, and is a CFA charterholder. Image source: Getty Images. “5G, the convergence of computing and mobile architectures, and the expansion of mobile technologies into other industries are significant opportunities for Qualcomm,” said Cristiano Amon, President and CEO-Elect, Qualcomm Incorporated.  We are excited for the NUVIA team to join Qualcomm and congratulate the company on its commitment to ensure Snapdragon continues to be the industry’s leading mobile platform,” said Florian Seiche CEO, HMD. It is specialized in offering third … Qualcomm Technologies, Inc, a subsidiary of Qualcomm Incorporated has entered into a definitive agreement to acquire high-performance computing startup Nuvia.Qualcomm will … The new Snapdragon 888 5G platform promises faster gaming, photography, and overall performance on Android phones than before. We couldn’t be more excited for the opportunities ahead.”, Qualcomm’s broad ecosystem of partners have voiced strong support for this acquisition:Â, Microsoft: “It’s exciting to see NUVIA join the Qualcomm team. Qualcomm just started selling modem chips to Apple for the iPhone 12 lineup following a bitter two-year legal battle. Qualcomm has … We see the need for high performance, power efficient platforms and appreciate Qualcomm’s ambition to push the boundaries of innovation even further,” said Dr. Andree Zahir, SVP for Infotainment and Connectivity, Bosch. He was previously a senior trading specialist at Charles Schwab, and worked briefly at Tesla. Qualcomm Incorporated includes Qualcomm's licensing business, QTL, and the vast majority of its patent portfolio. January 13, 2021 . The new sensor may be … Hadlee Simons. The transaction is subject to customary closing conditions, including regulatory approval under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. Qualcomm has not revealed the upcoming Android phones that will come equipped with its latest technology but given the Covid-19 pandemic where people have to wear masks to avoid contracting masks, fingerprint scanners are more practical.. Samsung Galaxy S21 series may be the first to sport it. Find real-time QCOM - Qualcomm Inc stock quotes, company profile, news and forecasts from CNN Business. Qualcomm Incorporated (NASDAQ: QCOM) today announced that its subsidiary, Qualcomm Technologies, Inc., has entered into a definitive agreement to acquire NUVIA for approximately $1.4 billion before working capital and other adjustments. News. Jan 13, 2021 -- SAN DIEGO-- Qualcomm Incorporated (NASDAQ: QCOM) today announced that its subsidiary, Qualcomm Technologies, Inc., has entered into a definitive agreement to acquire NUVIA for approximately $1.4 billion before working capital and other adjustments.The transaction is subject to customary closing conditions, including regulatory approval under the Hart-Scott-Rodino … Renault: “The automotive industry is the new frontier exploiting the benefits of mobile technology innovations in high performance compute and connectivity and Qualcomm has always been at the forefront. Bloomberg estimates that the Mac maker represents 11% of the mobile chip specialist's top line. General Motors: “We look forward to NUVIA joining the Qualcomm team as we continue to work together to deliver advanced in-vehicle services and technologies for the customers of our next-generation vehicles,” said Dan Nicholson, VP, Global Electrification, Controls, SW ＆ Electronics at General Motors. Accelerating successful partnerships with OS providers for next-generation computing devices Â, 5G is further accelerating the convergence of mobility and computing. QUALCOMM TODAY . Filters. Qualcomm’s commitment to platform technology will help us offer the premium smartphone performance to our users around the world," said ΤM Roh, President and Head of Mobile Communications Business, Samsung Electronics.Â. Qualcomm’s Latest Flagship Snapdragon 888 5G Mobile Platform to Power the New Samsung Galaxy S21 Series, Qualcomm and NIO Bring Immersive Driving Experiences with Intelligent Cockpit and 5G Technologies to NIO ET7, Qualcomm Announces Cristiano Amon Appointed Chief Executive Officer-Elect. Apple was forced to settle its legal complaints with Qualcomm last year in order to secure 5G modems from Qualcomm after Intel failed to deliver a viable component, which is how this year's iPhone 12 models all have 5G support. SlashGear. NUVIA comprises a proven world-class CPU and technology design team, with industry-leading expertise in high performance processors, Systems on a Chip (SoC) and power management for compute-intensive devices and applications. News. “The combination of NUVIA and Qualcomm will bring the industry’s best engineering talent, technology and resources together to create a new class of high-performance computing platforms that set the bar for our industry. Qualcomm has signed a $1.4 billion deal to acquire NUVIA, a data center chip developer launched by former Apple executives. We welcome the addition of the world class NUVIA team to Qualcomm and look forward to the continued partnership,” said Masashige Mizuyama, Chief Technology Officer, Automotive Company, Panasonic Corporation. Evan is a senior technology specialist at The Motley Fool. Cristiano Amon, Qualcomm president and CEO-elect, said in a …  As a leader in delivering amazing camera and gaming experiences on mobile devices we understand that to continue to lead will require the next generation high performance & low power computing and connectivity solutions that only Snapdragon platforms can deliver," said Mitsuya Kishida President, Sony Mobile Communications Inc. VIVO: “Qualcomm’s Snapdragon platforms power millions of VIVO phones across the globe today, and the addition of NUVIA will help Qualcomm continue to lead, delivering the ultimate in high performance compute, lightning fast 5G connectivity and industry leading power efficiency,” said Shen Wei, CEO, VIVO. Xiaomi: “Xiaomi and Qualcomm have partnered for over a decade to deliver world class premium mobile experiences to millions of people. In fact, $100 worth of Qualcomm stock in 2010 would be worth $312 today… I am very excited to have them join our team. Pre-order the Samsung Galaxy S21 today! Often times after large one-day declines, short-term traders may play for some degree of mean reversion. Honor: “As a new, independent company committed to bringing breakthrough mobile experiences to consumers, we are pleased to see that Qualcomm will acquire NUVIA, enabling them to continue to lead in developing and delivering premium performance Snapdragon mobile platforms to the market,” said Biao Wan, Chairman, Honor Device Co Ltd. HP: "HP and Qualcomm have been strong partners in addressing the needs of our mutual Personal Systems customers, most recently on the Elite Folio, the world’s first pull-forward business convertible, launched at CES," said Alex Cho, president of Personal Systems, HP Inc. "The PC is more essential than ever, and we’re excited to see the industry and Qualcomm invest in innovation to support the needs of the 5G world.”. QUALCOMM has been somewhat immune to the crisis with its shares jumping 4.48% to $156.63 at 12:06 EST on Friday, after two successive sessions in a row of losses. Continental: “Continental looks forward to the addition of NUVIA as we continue to partner with Qualcomm in bringing advanced capabilities to next generation vehicles,” said Peter Popp as head of purchasing, Vehicle Networking and Information, Continental. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. It's unclear when Apple's in-house modem will be ready to ship. Nothing in these materials is an offer to sell any of the components or devices referenced herein. Qualcomm videos and latest news articles; GlobalNews.ca your source for the latest news on Qualcomm . Qualcomm Snapdragon is a product of Qualcomm Technologies, Inc. and/or its subsidiaries. Together, we are very well positioned to redefine computing and enable our ecosystem of partners to drive innovation and deliver a new class of products and experiences for the 5G era.”, “Creating high performance, low-power processors and highly integrated, complex SoCs are part of our DNA,” said Jim Thompson, Chief Technology Officer of Qualcomm. 305.  The addition of NUVIA will extend Qualcomm’s Snapdragon platforms industry leadership helping Xiaomi to continue to bring innovation and next level premium mobile experiences to Mi fans around the world,” said Lei Jun, Chairman and CEO, Xiaomi.Â. In a bid to boost the horsepower of its mobile silicon, Qualcomm said Tuesday that it plans to buy a Bay Area semiconductor startup Nuvia, founded by key former Apple chip designers, for $1.4 billion. QCOM | Complete Qualcomm Inc. stock news by MarketWatch. Qualcomm’s commitment to platform leadership will enable us to deliver innovative new products and experiences for OPPO smartphone users around the world,” said Tony Chen, Founder and CEO, OPPO.Â, Panasonic: “Innovation in the automotive market is occurring at an accelerated pace. Mail ; Finance Home. The Qualcomm earnings news also includes guidance for fiscal Q1 2021. It looks like news of a looming trade war between the U.S. and China is causing problems for Qualcomm today. Lenovo: “With Qualcomm we delivered the world’s first 5G connected PC. As part of the transaction, NUVIA founders Gerard Williams III, Manu Gulati and John Bruno, and their employees will be joining Qualcomm. About QualcommQualcomm is the world’s leading wireless technology innovator and the driving force behind the development, launch, and expansion of 5G. Hot Stocks; Rumors; General News; Periodicals; Earnings; Tech Analysis; Options; Syndicate; On The Fly. Sony:  "We have enjoyed a great collaboration with Qualcomm for many years and are excited to hear the NUVIA team will be joining Qualcomm. Search. Get the latest QUALCOMM Incorporated (QCOM) stock news and headlines to help you in your trading and investing decisions. According to a new report, Apple's work on its own in-house modem for future iPhone 5G models is years behind. References to "Qualcomm" may mean Qualcomm Incorporated, or subsidiaries or business units within the Qualcomm corporate structure, as applicable. Market Stories. Home. The Qualcomm truce was the only way forward. HMD: “Qualcomm has always been a best-in-class partner globally and our ongoing collaboration has enabled HMD to bring unique mobile device innovation to the market and deliver on the Nokia brand promise of being trusted, always secure and built to last. 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