Key Points:
- Qualcomm to strengthen its automobile business.
- The company is purchasing Israeli Auto-Chip Maker Autotalks.
- There is no information about the deal.
Qualcomm, the very popular mobile chipset maker known for its automobile technology as the company is having a strong position in the segment. Now it seems that the brand is going to strengthen its power with a new purchase. The company has announced its plans to acquire an Israeli auto-chip manufacturer dubbed Autotalks.
As we know that Qualcomm is already one of the most successful companies in its field due to its current technologies and this will be strengthened with its new strategy. It is worth mentioning that the company acquired an automotive tech company called Veoneer a few years ago for $4.5 billion.
The new step of the company will definitely help them to improve their offerings and it can also offer advanced driving assistant features and more.
We don’t have any details about the deal at the moment of time but we are looking forward to learn more about the same in the coming days and we recommend you to stay tuned with us for more updates from the world of technology.
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