Business, Technology, Autonomous, TCA

Qualcomm Completes Purchase of Veoneer’s ADAS Unit

 Qualcomm's Cristiano Amon (left) and Nakul Duggal Qualcomm President and CEO Cristiano Amon (left) and Nakul Duggal, senior vice president and general manager of Qualcomm’s automotive business. (Qualcomm)

Qualcomm wrapped up its acquisition of Veoneer’s advanced driver assistance/self-driving vehicle software arm on April 4, highlighting the San Diego company’s bid to become a key technology supplier to automakers as it diversifies beyond smartphones.

Mike Freeman | The San Diego Union-Tribune
April 4, 2022
Business, Technology, Safety, Autonomous

Qualcomm Said to Place Binding Bid for Veoneer

Veoneer Inc. signage on the floor of the New York Stock Exchange Veoneer signage on the floor of the New York Stock Exchange. (Michael Nagle/Bloomberg News)

Qualcomm Inc. has made a formal bid to buy automotive technology company Veoneer Inc. for more than $4 billion, beating a previous offer from Magna International Inc., according to people familiar with the matter.

September 13, 2021
Business, Technology, Autonomous

Qualcomm Offers $4.6 Billion for Veoneer, Topping Magna Bid

A Kia Soul test vehicle equipped with Qualcomm autonomous driving technology A Kia Soul test vehicle equipped with Qualcomm autonomous driving technology. (Bing Guan/Bloomberg News)

Qualcomm Inc. offered to buy automotive technology company Veoneer Inc. for $4.6 billion, muscling in on a bid Magna International Inc. made for the supplier last month.

Matt Day | Bloomberg News
August 5, 2021
Business, Technology, Equipment, Safety, Autonomous, TCA

Qualcomm Moves Toward Self-Driving Vehicle Tech

Qualcomm A rendering of Qualcomm's self-driving technology. (Qualcomm via YouTube)

SAN DIEGO — After years of supplying Bluetooth and cellular connectivity to automakers, Qualcomm is pivoting toward safety with its new Snapdragon Ride platform, which aims to bring advanced driver assistance features such as automated parking, lane monitoring and highway autopilot to vehicles as soon as 2023.

Mike Freeman | The San Diego Union-Tribune
January 9, 2020
Business, Technology, Equipment, Autonomous, TCA

Qualcomm Confirms Broadcom’s $100 Billion Buyout Offer


Qualcomm confirmed Nov. 6 that it received a buyout offer from Broadcom of $70 a share in cash and stock.

November 6, 2017
Business, Technology, Equipment, Autonomous

LG, Qualcomm Join Hands for Autonomous Driving

LG Electronics

LG Electronics said it will work with Qualcomm to jointly research and develop autonomous driving technologies

Youkyung Lee | AP Technology Writer
November 2, 2017
Business, Technology

Qualcomm’s Truck Unit Posts Quarterly Loss

Wireless technology firm Qualcomm Inc.’s profit in its fiscal third quarter jumped 31% from a year earlier, but the business segment that includes its trucking technology offerings posted a loss for the quarter.

July 29, 2013
Business, Technology

Qualcomm to Rename Truck Technology Unit

Qualcomm Inc. will change the name of its Qualcomm Enterprise Services division in the spring in conjunction with a corporate reorganization of the business.

Seth Clevenger | Managing Editor, Features
March 4, 2013
Business, Technology

Qualcomm’s Trucking Unit Posts Loss

Qualcomm Inc., San Diego, said the unit that includes its in-cab wireless communications devices lost $3 million before taxes in its fiscal first quarter ended Dec. 30.

February 4, 2013
Business, Technology

Qualcomm Updates Trailer-Tracking Product

Qualcomm Inc. has released a new edition of Trailer Tracks 210, which now includes a solar charging system designed to preserve uptime and battery life, the company announced Sept. 5.

September 10, 2012