RE: Qualcomm to Buy Nuvia for $1.4 Billion14 Jan 2021 10:31
In its press statement, Qualcomm provided quotes from 22 of its ecosystem partners in “strong support” of the acquisition. These include voices from Microsoft, Google, Samsung, Acer, Asus, Bosch, Continental, General Motors, HMD, Honor, HP, Lenovo, LG Electronics, LG Mobile, OnePlus, OPPO, Panasonic, Renault, Sharp, Sony, Vivo and Xiaomi.
Jin-Yong Kim, president of the vehicle components solutions (VS) company at LG Electronics Inc, said, “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 the Nuvia team will enable Qualcomm to continue to consolidate compute and connectivity ECUs into high performance, power efficient platforms to push the boundaries of innovation even further.”
end