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January 5, 2022updated 21 Jan 2022 1:14pm

Qualcomm inks supply deals with Honda, Volvo and Renault

More evidence of Qualcomm’s automotive sector growth ambitions.

By David Leggett

Qualcomm has announced deals to supply its value added chips to Volvo Cars, Honda and Renault. Qualcomm’s electronic products fit into advanced tech automotive applications such as the development of autonomous driving and infotainment systems.

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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
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Qualcomm said that all three OEMs will be utilising its tech in upcoming vehicles.

Renault Group will work with Qualcomm Technologies to leverage the ‘Snapdragon Digital Chassis’ to equip upcoming Renault vehicles with the latest connected and intelligent solutions for its next generation vehicles.

Volvo Car Group has selected Qualcomm’s ‘Snapdragon Digital Cockpit Technologies’ and Google’s Android Automotive Operating System to power next generation infotainment systems in an upcoming fully electric SUV and the Polestar 3 SUV.

Upcoming Honda models will utilize ‘3rd Generation Snapdragon Cockpit Platforms’ to power the automaker’s technically advanced infotainment systems.

The upcoming Honda vehicles will feature an Android-powered infotainment system. Honda expects the vehicles to be commercially available in the US beginning in the second half of 2022, with vehicles commercially available across the globe in 2023.

Qualcomm made the announcements at CES.

Free Report
img

2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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