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. âAdding NUVIAâs 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 Â. It looks like news of a looming trade war between the U.S. and China is causing problems for Qualcomm today. The news was enough to send Skyworks Solutions (NASDAQ:SWKS) and some other Apple-reliant companies lower as well. Our partnership with Qualcomm has always been about providing great experiences on our products. Qualcomm Technologies, Inc, a subsidiary of Qualcomm Incorporated has entered into a definitive agreement to acquire high-performance computing startup Nuvia.Qualcomm will … Why Apple isn't helping Qualcomm keep the … Continental: âContinental looks forward to the addition of NUVIA as we continue to partner with Qualcomm in bringing advanced capabilities to next generation vehicles,â said Peter Popp as head of purchasing, Vehicle Networking and Information, Continental. HMD: âQualcomm has always been a best-in-class partner globally and our ongoing collaboration has enabled HMD to bring unique mobile device innovation to the market and deliver on the Nokia brand promise of being trusted, always secure and built to last. View the latest Qualcomm Inc. (QCOM) stock price, news, historical charts, analyst ratings and financial information from WSJ. Qualcomm Incorporated includes Qualcomm's licensing business, QTL, and the vast majority of its patent portfolio. 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. It's unclear when Apple's in-house modem will be ready to ship. News Break; qualcomm today. Get the latest QUALCOMM Incorporated (QCOM) stock news and headlines to help you in your trading and investing decisions. Qualcomm has signed a $1.4 billion deal to acquire NUVIA, a data center chip developer launched by former Apple executives. OPPO: âWith NUVIA joining the Qualcomm team, we look forward to continue innovating together and building incredible devices powered by the Snapdragon mobile platforms. We see the need for high performance, power efficient platforms and appreciate Qualcommâs ambition to push the boundaries of innovation even further,â said Dr. Andree Zahir, SVP for Infotainment and Connectivity, Bosch. Mail; News; Sports; Finance; Celebrity; Style; Movies; Weather; Answers; Mobile; Yahoo. Filters. Qualcomm Inc (NASDAQ:QCOM) traded in a range yesterday that spanned from a low of $144.44 to a high of $146.89. Enabling Samsung and the mobile ecosystem to redefine premium performance for smartphones 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,â said Gianfranco Lanci, President and COO, Lenovo. For more information please visit www.nuviainc.com.Â. Sony: Â "We have enjoyed a great collaboration with Qualcomm for many years and are excited to hear the NUVIA team will be joining Qualcomm. Â, 5G is further accelerating the convergence of mobility and computing. I am very excited to have them join our team. Qualcomm and Snapdragon are trademarks or registered trademarks of Qualcomm Incorporated. Xiaomi: âXiaomi and Qualcomm have partnered for over a decade to deliver world class premium mobile experiences to millions of people. Qualcommâs commitment to platform leadership will enable us to deliver innovative new products and experiences for OPPO smartphone users around the world,â said Tony Chen, Founder and CEO, OPPO.Â, Panasonic: âInnovation in the automotive market is occurring at an accelerated pace. Nothing in these materials is an offer to sell any of the components or devices referenced herein. When we connected the phone to the internet, the mobile revolution was born. Jan 13, 2021 -- SAN DIEGO-- 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.The transaction is subject to customary closing conditions, including regulatory approval under the Hart-Scott-Rodino … That purchase included a team of engineers to jump-start the efforts, according to Srouji. 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. 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. Qualcommâs commitment to platform technology will help us offer the premium smartphone performance to our users around the world," said Î¤M Roh, President and Head of Mobile Communications Business, Samsung Electronics.Â. The Company operates through three segments: QCT (Qualcomm CDMA Technologies) segment, QTL (Qualcomm Technology Licensing) segment and QSI (Qualcomm Strategic Initiatives) segment. Qualcomm Snapdragon is a product of Qualcomm Technologies, Inc. and/or its subsidiaries. According to a new report, Apple's work on its own in-house modem for future iPhone 5G models is years behind. We are excited for the future of our partnership as Qualcomm advances and expands its portfolio and capabilities with the addition of NUVIA,â said S.Y. These Tech Stocks Are Safe, Why Qualcomm Is a Dividend Investor's Dream, Copyright, Trademark and Patent Information. The new Snapdragon 888 5G platform promises faster gaming, photography, and overall performance on Android phones than before. The addition of NUVIA is welcomed as we continue to work with Qualcomm to deliver world class in-vehicle services and experiences,â said Thierry Cammal, Alliance Global Vice President Software Factory. The company’s founders and employees are expected to join Qualcomm following completion of the deal by US regulators. â5G, the convergence of computing and mobile architectures, and the expansion of mobile technologies into other industries are significant opportunities for Qualcomm,â said Cristiano Amon, President and CEO-Elect, Qualcomm Incorporated. Image source: Getty Images. Returns as of 01/14/2021. General Motors: âWe 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,â said Dan Nicholson, VP, Global Electrification, Controls, SW ï¼ Electronics at General Motors. LG Electronics: âThe 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. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering, research and development functions, and substantially all of our products and services businesses, including our QCT semiconductor business. 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,â Jin-Yong Kim, President of Vehicle components Solutions (VS) Company, LG Electronics Inc. LG Mobile:Â âCongratulations to Qualcomm and NUVIA for joining forces to create a new breed of platforms that will push the envelope on compute performance and connectivity,â said Morris Lee, President LG Mobile. Bosch considers the adoption of new in-vehicle services and capabilities as one major driver for growth. "The addition of NUVIA extends Qualcommâs capabilities in these three areas and we're excited to see the next generation of Snapdragon with NUVIA. 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. Renault: âThe automotive industry is the new frontier exploiting the benefits of mobile technology innovations in high performance compute and connectivity and Qualcomm has always been at the forefront. Acer: âTogether with Qualcomm we have delivered a new generation of thin and light always connected PCs and Chromebooks. 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) … 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. Moving forward, we have an incredible opportunity to empower our customers across the Windows ecosystem,â said Panos Panay, Chief Product Officer, Microsoft.Â, Google: "Compute performance, connectivity and power efficiency are critical ingredients that make the billions of Android and Chrome OS devices shine," said Hiroshi Lockheimer, SVP Platforms & Ecosystems, Google. Qualcomm Incorporated includes Qualcomm's licensing business, QTL, and the vast majority of its patent portfolio. HIGHLIGHTS. 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