Qualcomm announces acquisition of auto chip maker Autotalks
May. 9, 2023 /SemiMedia/ — Qualcomm said on May 8 that it will acquire Autotalks Ltd, an Israeli auto chip manufacturer focused on the production of dedicated chips for vehicle-to-everything (V2X) communication technology for manned and autonomous vehicles.
Qualcomm stated that it has been investing in V2X research, development and deployment since 2017, and believes that as the automotive market matures, an independent V2X safety architecture will be required to enhance the safety of road users and intelligent transportation systems.
Qualcomm said it will incorporate Autotalks’ solutions into its Snapdragon Digital Chassis product portfolio.
After the acquisition of Autotalks, Qualcomm is expected to strengthen its product line in the field of automotive chips and further expand its revenue sources.
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