The transaction is subject to customary closing conditions, including regulatory approval under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. Get the latest QUALCOMM Incorporated (QCOM) stock news and headlines to help you in your trading and investing decisions. The acquisition of NUVIA builds on Qualcomm Technologiesâ Snapdragon technology leadership, delivering step-function improvements in CPU performance and power efficiency to meet the demands of next-generation 5G computing.Â. The Company operates through three segments: QCT (Qualcomm CDMA Technologies) segment, QTL (Qualcomm Technology Licensing) segment and QSI (Qualcomm Strategic Initiatives) segment. Cristiano Amon, Qualcomm president and CEO-elect, said in a … These are the best 5G phones available today See more Computing news 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. Apple's chip chief Johny Srouji told employees in an internal town hall meeting that the company had "kicked off the development of our first internal cellular modem" earlier this year, according to the report. January 13, 2021 . Qualcomm has … Qualcomm Incorporated includes Qualcomm's licensing business, QTL, and the vast majority of its patent portfolio. As part of the transaction, NUVIA founders Gerard Williams III, Manu Gulati and John Bruno, and their employees will be joining Qualcomm. Follow. Today, our foundational technologies enable the mobile ecosystem and are found in every 3G, 4G and 5G smartphone. HIGHLIGHTS. Returns as of 01/14/2021. Our partnership with Qualcomm has always been about providing great experiences on our products. 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. Qualcomm Snapdragon is a product of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm Incorporated is a wireless technology company. OnePlus: âWe are excited to hear Qualcomm will be extending their industry leading Snapdragon mobile platform leadership by acquiring the world class CPU team at NUVIA. Insights; Mkt. Qualcomm Technologies, Inc., a wholly-owned subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of Qualcomm's engineering, research and development functions, and substantially all of its products and services businesses. I am very excited to have them join our team. 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 … News. Clear This Search. Qualcomm just snapped up Apple’s chief architect and his CPU startup. Stock Advisor launched in February of 2002. Qualcomm Snapdragon 888 5G announced, coming to phones like OnePlus 9 Pro and Mi 11 next year . Qualcomm Snapdragon 750G could help send 5G mainstream. Qualcomm Inc (NASDAQ:QCOM) traded in a range yesterday that spanned from a low of $144.44 to a high of $146.89. Qualcomm Incorporated includes Qualcomm's licensing business, QTL, and the vast majority of its patent portfolio. âThe NUVIA team are proven innovators, and like Qualcomm, have a strong heritage in creating leading technology and products. 305. Mail ; Finance Home. 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) has officially started to work on its in-house cellular modem. Bloomberg estimates that the Mac maker represents 11% of the mobile chip specialist's top line. News Break; qualcomm today. Bosch considers the adoption of new in-vehicle services and capabilities as one major driver for growth. Qualcomm price target raised to $180 from $175 at KeyBanc 01/05/21 Wells Fargo Wells Fargo sees 'seamless transition' for new Qualcomm CEO 01/05/21 Canaccord Qualcomm price target raised to $180 from $175 at Canaccord. 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. Sharp: âWith Qualcommâs expertise and leading technologies, we have been able to deliver cutting edge devices and premium mobile experiences and we welcome the addition of NUVIA to extend Qualcommâs leadership and enhance their capabilities,â said Shigeru Kobayashi GM, Sharp Personal Communications Group. Samsung is set to release its Galaxy S20 series on January 14. . View today's stock price, news and analysis for Qualcomm Inc. (QCOM). Market data powered by FactSet and Web Financial Group. Together, we are very well positioned to redefine computing and enable our ecosystem of partners to drive innovation and deliver a new class of products and experiences for the 5G era.â, âCreating high performance, low-power processors and highly integrated, complex SoCs are part of our DNA,â said Jim Thompson, Chief Technology Officer of Qualcomm. Enabling Samsung and the mobile ecosystem to redefine premium performance for smartphones Find real-time QCOM - Qualcomm Inc stock quotes, company profile, news and forecasts from CNN Business. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. 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) … Get Qualcomm Inc (QCOM:NASDAQ) real-time stock quotes, news and financial information from CNBC. 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. The Qualcomm earnings news also includes guidance for fiscal Q1 2021. 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. Xiaomi: âXiaomi and Qualcomm have partnered for over a decade to deliver world class premium mobile experiences to millions of people. 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. QUALCOMM has been somewhat immune to the crisis with its shares jumping 4.48% to $156.63 at 12:06 EST on Friday, after two successive sessions in a row of losses. 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. 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. It looks like news of a looming trade war between the U.S. and China is causing problems for Qualcomm today. SlashGear. View the latest Qualcomm Inc. (QCOM) stock price, news, historical charts, analyst ratings and financial information from WSJ. 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. 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. advertisement. In fact, $100 worth of Qualcomm stock in 2010 would be worth $312 today… Qualcomm just started selling modem chips to Apple for the iPhone 12 lineup following a bitter two-year legal battle. 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. 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. Bosch:Â âThe automotive industry is evolving at an unprecedented pace of innovation. Qualcomm Technologies, Inc, a subsidiary of Qualcomm Incorporated has entered into a definitive agreement to acquire high-performance computing startup Nuvia.Qualcomm will … Apple was forced to settle its legal complaints with Qualcomm last year in order to secure 5G modems from Qualcomm after Intel failed to deliver a viable component, which is how this year's iPhone 12 models all have 5G support. Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Qualcomm Stock Fell Today @themotleyfool #stocks $QCOM $AAPL, Worried About a 2021 Stock Market Crash? Accelerating successful partnerships with OS providers for next-generation computing devices The new Snapdragon 888 5G platform promises faster gaming, photography, and overall performance on Android phones than before. No matching results for '' Tip: Try a valid symbol or a specific company name for relevant results. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. ", Samsung: âWith NUVIA joining the Qualcomm team, we look forward to continuing to innovate and building incredible experiences together. It is specialized in offering third … News. About NUVIA Inc.Headquartered in Santa Clara, NUVIA was founded on the promise of reimagining silicon design for high-performance computing environments. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $146.12 on volume of 1.5 million shares. The Cupertino tech giant had acquired the remnants of Intel's modem business last year for $1 billion, which was the clearest sign yet of Apple's plans. Evan is a senior technology specialist at The Motley Fool. He was previously a senior trading specialist at Charles Schwab, and worked briefly at Tesla. Qualcomm Technologies, Inc., a wholly-owned subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of Qualcomm's engineering, research and development functions, and substantially all of its products and services businesses. Search. Â We are excited for the NUVIA team to join Qualcomm and congratulate the company on its commitment to ensure Snapdragon continues to be the industryâs leading mobile platform,â said Florian Seiche CEO, HMD. Pre-order the Samsung Galaxy S21 today! 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. OPPO: âWith NUVIA joining the Qualcomm team, we look forward to continue innovating together and building incredible devices powered by the Snapdragon mobile platforms. Technology. 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. 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. That purchase included a team of engineers to jump-start the efforts, according to Srouji. Barron's also provides information on historical stock ratings, target prices, company earnings, market valuation and … 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. Image source: Getty Images. Nothing in these materials is an offer to sell any of the components or devices referenced herein. The company’s founders and employees are expected to join Qualcomm following completion of the deal by US regulators. The new sensor may be … Evan graduated from the University of Texas at Austin, and is a CFA charterholder. Qualcomm products referenced on this page are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm and Snapdragon are trademarks or registered trademarks of Qualcomm Incorporated. Hot Stocks; Rumors; General News; Periodicals; Earnings; Tech Analysis; Options; Syndicate; On The Fly. Home. âThe combination of NUVIA and Qualcomm will bring the industryâs best engineering talent, technology and resources together to create a new class of high-performance computing platforms that set the bar for our industry. Qualcomm today announced the Snapdragon 750G, which appears to be the successor to the 730G with a major upgrade: 5G support. When we connected the phone to the internet, the mobile revolution was born. 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. Mail; News; Sports; Finance; Celebrity; Style; Movies; Weather; Answers; Mobile; Yahoo. Qualcommâs Latest Flagship Snapdragon 888 5G Mobile Platform to Power the New Samsung Galaxy S21 Series, Qualcomm and NIO Bring Immersive Driving Experiences with Intelligent Cockpit and 5G Technologies to NIO ET7, Qualcomm Announces Cristiano Amon Appointed Chief Executive Officer-Elect. Market Stories. "The addition of NUVIA extends Qualcommâs capabilities in these three areas and we're excited to see the next generation of Snapdragon with NUVIA. Â As a leader in delivering amazing camera and gaming experiences on mobile devices we understand that to continue to lead will require the next generation high performance & low power computing and connectivity solutions that only Snapdragon platforms can deliver," said Mitsuya Kishida President, Sony Mobile Communications Inc. VIVO: âQualcommâs Snapdragon platforms power millions of VIVO phones across the globe today, and the addition of NUVIA will help Qualcomm continue to lead, delivering the ultimate in high performance compute, lightning fast 5G connectivity and industry leading power efficiency,â said Shen Wei, CEO, VIVO.