A high-level overview of QUALCOMM Incorporated (QCOM) stock. 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. That purchase included a team of engineers to jump-start the efforts, according to Srouji. It's unclear when Apple's in-house modem will be ready to ship. "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. Our partnership with Qualcomm has always been about providing great experiences on our products. 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. Bosch: “The automotive industry is evolving at an unprecedented pace of innovation. QUALCOMM TODAY . 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. 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. 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. View today's stock price, news and analysis for Qualcomm Inc. (QCOM). 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. Search.  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. View the latest Qualcomm Inc. (QCOM) stock price, news, historical charts, analyst ratings and financial information from WSJ. Insights; Mkt. Materials that are as of a specific date, including but not limited to press releases, presentations, blog posts and webcasts, may have been superseded by subsequent events or disclosures. Qualcomm has signed a $1.4 billion deal to acquire NUVIA, a data center chip developer launched by former Apple executives. Why Apple isn't helping Qualcomm keep the … The new Snapdragon 888 5G platform promises faster gaming, photography, and overall performance on Android phones than before. The Qualcomm truce was the only way forward.  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. When we connected the phone to the internet, the mobile revolution was born. Clear This Search. 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. “The NUVIA team are proven innovators, and like Qualcomm, have a strong heritage in creating leading technology and products. 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. The new sensor may be … Home. The new Qualcomm … The Qualcomm earnings news also includes guidance for fiscal Q1 2021. 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. Qualcomm is a strong partner to us. Lenovo: “With Qualcomm we delivered the world’s first 5G connected PC. ", Samsung: “With NUVIA joining the Qualcomm team, we look forward to continuing to innovate and building incredible experiences together. At CES 2021 today, Qualcomm unveiled a new in-screen fingerprint sensor that it says is 50% faster and 77% larger than its previous technology. Find the latest news headlines from QUALCOMM Incorporated Common Stock (QCOM) at Nasdaq.com. News. 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? 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. Image source: Getty Images. Hadlee Simons. “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. “Adding NUVIA’s deep understanding of high-performance design and integrating NUVIA CPUs with Snapdragon - together with our industry-leading graphics and AI - will take computing performance to a new level and drive new capabilities for products that serve multiple industries.” Â. ©2021 Qualcomm Technologies, Inc. and/or its affiliated companies. The Company operates through three segments: QCT (Qualcomm CDMA Technologies) segment, QTL (Qualcomm Technology Licensing) segment and QSI (Qualcomm Strategic Initiatives) segment. Accelerating successful partnerships with OS providers for next-generation computing devices 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. Qualcomm and Snapdragon are trademarks or registered trademarks of Qualcomm Incorporated. 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. 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. 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. Qualcomm Incorporated is a wireless technology company. 1d. Technology. 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.”. News. Qualcomm videos and latest news articles; GlobalNews.ca your source for the latest news on Qualcomm . Get Qualcomm Inc (QCOM:NASDAQ) real-time stock quotes, news and financial information from CNBC. Enabling Samsung and the mobile ecosystem to redefine premium performance for smartphones 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. He was previously a senior trading specialist at Charles Schwab, and worked briefly at Tesla. Qualcomm Snapdragon 750G could help send 5G mainstream. 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. Â, 5G is further accelerating the convergence of mobility and computing. Mail ; Finance Home. Xiaomi: “Xiaomi and Qualcomm have partnered for over a decade to deliver world class premium mobile experiences to millions of people. We are excited for the future of our partnership as Qualcomm advances and expands its portfolio and capabilities with the addition of NUVIA,” said S.Y. Market Stories. It looks like news of a looming trade war between the U.S. and China is causing problems for Qualcomm today. Bloomberg estimates that the Mac maker represents 11% of the mobile chip specialist's top line. 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. We bring the benefits of mobile to new industries, including automotive, the internet of things, and computing, and are leading the way to a world where everything and everyone can communicate and interact seamlessly.Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. 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. As part of the transaction, NUVIA founders Gerard Williams III, Manu Gulati and John Bruno, and their employees will be joining Qualcomm. Qualcomm today announced the Snapdragon 750G, which appears to be the successor to the 730G with a major upgrade: 5G support. View real-time stock prices and stock quotes for a full financial overview. Today, our foundational technologies enable the mobile ecosystem and are found in every 3G, 4G and 5G smartphone. 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. 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. Qualcomm Incorporated includes Qualcomm's licensing business, QTL, and the vast majority of its patent portfolio. 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. The company’s founders and employees are expected to join Qualcomm following completion of the deal by US regulators. Returns as of 01/14/2021. 305. 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. “CPU performance leadership will be critical in defining and delivering on the next era of computing innovation,” said Gerard Williams CEO of NUVIA. Get the latest QUALCOMM Incorporated (QCOM) stock news and headlines to help you in your trading and investing decisions. 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. Hsu, co-CEO of ASUS. The transaction is subject to customary closing conditions, including regulatory approval under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. About NUVIA Inc.Headquartered in Santa Clara, NUVIA was founded on the promise of reimagining silicon design for high-performance computing environments. Sony:  "We have enjoyed a great collaboration with Qualcomm for many years and are excited to hear the NUVIA team will be joining Qualcomm. The Nasdaq Stock Market is rising 0.47% to $12,435.40, following yesterday’s upward trend, on what up until now seems, a somewhat positive trend exchanging session today. Barron's also provides information on historical stock ratings, target prices, company earnings, market valuation and … QCOM | Complete Qualcomm Inc. stock news by MarketWatch. Qualcomm Incorporated includes Qualcomm's licensing business, QTL, and the vast majority of its patent portfolio. 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 … 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. These are the best 5G phones available today See more Computing news Qualcomm price target raised to $180 from $175 at KeyBanc 01/05/21 Wells Fargo Wells Fargo sees 'seamless transition' for new Qualcomm CEO 01/05/21 Canaccord Qualcomm price target raised to $180 from $175 at Canaccord. SlashGear. Evan graduated from the University of Texas at Austin, and is a CFA charterholder. Qualcomm just snapped up Apple’s chief architect and his CPU startup. Cristiano Amon, Qualcomm president and CEO-elect, said in a … Find the latest QUALCOMM Incorporated (QCOM) stock quote, history, news and other vital information to help you with your stock trading and investing. 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. Stock Advisor launched in February of 2002. HIGHLIGHTS. Mail; News; Sports; Finance; Celebrity; Style; Movies; Weather; Answers; Mobile; Yahoo. In fact, $100 worth of Qualcomm stock in 2010 would be worth $312 today…  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. Leading CPU talent to join Qualcomm’s best in class innovation culture. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.  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. 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. NUVIA CPUs are expected to be integrated across Qualcomm Technologies’ broad portfolio of products, powering flagship smartphones, next-generation laptops, and digital cockpits, as well as Advanced Driver Assistance Systems, extended reality and infrastructure networking solutions. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $146.12 on volume of 1.5 million shares. Find real-time QCOM - Qualcomm Inc stock quotes, company profile, news and forecasts from CNN Business. Market data powered by FactSet and Web Financial Group. Pre-order the Samsung Galaxy S21 today! 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. Augmenting its leading technology roadmap to redefine computing performance Qualcomm Technologies, Inc, a subsidiary of Qualcomm Incorporated has entered into a definitive agreement to acquire high-performance computing startup Nuvia.Qualcomm will … Acer: “Together with Qualcomm we have delivered a new generation of thin and light always connected PCs and Chromebooks. 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