All articles tagged with #autotalks
China has launched an antitrust investigation into Qualcomm's acquisition of Autotalks, as part of broader efforts to scrutinize US technology companies amid tense US-China trade relations and upcoming high-level talks.
China has launched an antitrust investigation into Qualcomm's acquisition of Autotalks, amid escalating trade tensions and regulatory scrutiny of US tech companies, just before key US-China diplomatic talks.
Qualcomm's shares dropped about 3% after Chinese regulators announced an investigation into its acquisition of Autotalks, citing potential violations of anti-monopoly laws, amid rising U.S.-China tensions and upcoming high-level talks.
The Federal Trade Commission (FTC) is expected to launch an in-depth investigation into Qualcomm's acquisition of Autotalks, an Israeli chipmaker specializing in auto safety. The deal involves chips for vehicle-to-everything (V2X) communications, enabling cars to communicate with their surroundings. The FTC's scrutiny comes amid concerns about corporate consolidation in emerging technologies. The European Commission is also investigating the deal, as it would combine two major suppliers of V2X semiconductors in the European Economic Area. The acquisition has faced opposition from anonymous complainants, including chipmaker MediaTek. Critics worry that Qualcomm's dominance in the V2X market could lead to higher prices, reduced quality, and less innovation in traffic-safety systems for vehicles.
Qualcomm has announced its acquisition of Israeli auto-chip maker Autotalks, which produces chips for vehicle-to-everything (V2X) communications technology. The deal will allow Qualcomm to deepen its automotive business and incorporate Autotalks' solutions into its Snapdragon Digital Chassis product portfolio. The automotive market is a key growth area for chipmakers, with the number of chips used by automakers surging due to increasing electric vehicles and automatic features in cars.
Qualcomm is set to acquire Israeli chipmaker Autotalks for around $350 to $400 million. Autotalks creates chips and V2X communication technologies for both ordinary and driverless vehicles to boost road safety. The acquisition will allow Autotalks' safety solutions to be incorporated into Qualcomm's Snapdragon Digital Chassis, its set of cloud-connected assisted and autonomous driving technologies. Qualcomm expects the automotive industry to be one of its biggest sources of growth and revenue over the coming years.
Qualcomm is acquiring Autotalks, an Israeli fabless chipmaker that builds semiconductor and system-on-a-chip technology to aid in automotive safety, for between $350 million and $400 million. Autotalks' V2X communication technology will be integrated into Qualcomm's Snapdragon Digital Chassis portfolio. Qualcomm's automotive business has customers including VW, General Motors, Mercedes-Benz, Cadillac, Honda, and Stellantis. The acquisition will help Qualcomm beef up its capabilities and product range in the lucrative area of automotive safety technology.