SAN JOSE, Calif., May 23, 2017 /PRNewswire/ -- Qualcomm
Incorporated (NASDAQ: QCOM) through its subsidiary, Qualcomm
Technologies, Inc., today announced at its Internet of Things (IoT)
industry analyst workshop that the Company is currently shipping
more than 1 million chips per day for the IoT*. This momentum
reflects Qualcomm Technologies' unique ability to invent and
deliver the technologies needed for the IoT, and to meet
challenging customer requirements for interoperability,
connectivity, compute and security. The Company uses its technical
expertise to design platforms that help customers commercialize IoT
products quickly and cost-effectively in areas including wearables,
voice and music, connected cameras, robotics and drones, home
control and automation, home entertainment, and commercial and
industrial IoT.
"We are focused on significantly expanding capabilities at the
edge of the network by supporting everyday objects with the
connectivity, compute and security technologies required to build a
powerful Internet of Things, where devices are smart, convenient,
work well together and incorporate advanced security features,"
said Raj Talluri, senior vice president, product management, IoT,
Qualcomm Technologies, Inc. "While hundreds of brands have shipped
over 1.5 billion IoT products using our solutions, we are just
getting a glimpse of the benefits that the IoT can deliver, with
analysts estimating that IoT applications could have a total
economic impact of up to 11 trillion
dollars a year by 2025. We have built strong capabilities on
top of our leadership in mobile inventions, and we are innovating
in exciting new areas such as deep learning, voice interface and
LTE IoT that will power a new generation of IoT devices."
Qualcomm Technologies' traction in IoT spans across a variety of
ecosystems. For instance, the Company's wearables platforms have
been adopted in more than 150 wearable designs, and over 80 percent
of Android Wear™ smartwatches launched or announced are based on
Snapdragon Wear 2100. In smart homes, more than 125 million TVs,
home entertainment and other connected home products from leading
brands have shipped using Qualcomm Technologies' connectivity
chips. For commercial and industrial IoT applications, over 30
designs are using the Company's MDM9206 modem with multimode
support for LTE categories M1 and NB1, E-GPRS and global RF bands.
MDM9206 is purposely developed for IoT applications and is
commercially available today.
To address this wide variety of ecosystems, form factors and
requirements in the IoT, Qualcomm Technologies offers one of the
broadest portfolios of chips and platforms, including mobile,
multimedia, cellular, Wi-Fi and Bluetooth system-on-chips. These
solutions include comprehensive software with platform-specific
applications and APIs, as well as support for multiple
communication protocols, operating systems and cloud services.
To further help manufacturers develop IoT devices quickly and
cost-effectively, Qualcomm Technologies makes available more than
25 production-ready reference design platforms through a network of
original design manufacturers (ODMs) for products including
voice-enabled home assistants, connected cameras, drones, VR
headsets, lighting, appliances and smart hubs/gateways.
For more information, visit www.qualcomm.com/IoT.
About Qualcomm
Qualcomm's technologies powered the smartphone revolution and
connected billions of people. We pioneered 3G and 4G – and now we
are leading the way to 5G and a new era of intelligent, connected
devices. Our products are revolutionizing industries, including
automotive, computing, IoT, healthcare and data center, and are
allowing millions of devices to connect with each other in ways
never before imagined. Qualcomm Incorporated includes our licensing
business, QTL, and the vast majority of our patent
portfolio. Qualcomm Technologies, Inc., a subsidiary of
Qualcomm Incorporated, operates, along with its subsidiaries, all
of our engineering, research and development functions, and all of
our products and services businesses, including, our QCT
semiconductor business. For more information, visit Qualcomm's
website, OnQ blog, Twitter and Facebook pages.
* Source: Qualcomm Technologies' data, based
on shipments from the last four fiscal quarters.
IoT applications will have a potential
economic impact of up to $11.1
trillion a year by 2025, according to McKinsey & Company
(Jun. '15)
Qualcomm and Snapdragon are trademarks of
Qualcomm Incorporated, registered in the
United States and other countries. Snapdragon Wear is a
trademark of Qualcomm Incorporated. Wi-Fi is a registered trademark
of the Wi-Fi Alliance. Bluetooth is a registered trademark of
Bluetooth SIG, Inc. Other product and brand names may be trademarks
or registered trademarks of their respective owners.
Qualcomm Snapdragon Wear is a product of
Qualcomm Technologies Inc.
Qualcomm Contacts:
Pete Lancia, Corporate
Communications
Phone: 1-858-845-5959
Email: corpcomm@qualcomm.com
John Sinnott, Investor
Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/qualcomm-fuels-iot-growth-by-currently-delivering-more-than-1-million-chips-a-day-into-a-wide-range-of-connected-applications-300461982.html
SOURCE Qualcomm Incorporated