current position:Home>Qualcomm is optimistic about the automotive chip industry, the future business scale will expand to 30 billion US dollars

Qualcomm is optimistic about the automotive chip industry, the future business scale will expand to 30 billion US dollars

2022-09-23 08:21:50Chinese Industry Information Station

With the development of electric vehicles and autonomous driving functions, the number of chips used by automakers has grown rapidly, and the automotive market has become a key growth area for chipmakers.Akash Palkhiwala, Qualcomm's chief financial officer, said: "In terms of average revenue per vehicle, our opportunities range from about $200 to $3,000. Going forward, the business composition will be high-end market.tilt, so the opportunity will continue to expand.”

Qualcomm said the targeted automotive market could reach $100 billion by 2030.

The company estimates that automotive revenue will increase to about $1.3 billion in fiscal 2022, up from $975 million in the previous fiscal year.That figure will exceed $4 billion by fiscal 2026, rising further to more than $9 billion by fiscal 2031.

Qualcomm also announced an expanded partnership with the Mercedes-Benz Group.The latter will use the "Snapdragon Cockpit" product in in-vehicle infotainment systems starting in 2023.

Qualcomm also has many automotive customers in the Chinese market.Qualcomm CEO Cristiano Amon said: "A strong win-win partnership between U.S. and Chinese companies will always be a stabilizing force."

Earlier this week, Nvidia also unveiled a new automotive central computing system that provides autonomous and assisted driving technology, as well as in-car digital entertainment and other services.

copyright notice
author[Chinese Industry Information Station],Please bring the original link to reprint, thank you.
https://en.fheadline.com/2022/266/202209230814302616.html

Random recommended