Qualcomm’s automotive business orders total valuation grows to $30 billion

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On Thursday, local time, Qualcomm said that the “revenue reserve” of its automotive business has increased to $30 billion, up more than $10 billion from when it announced third-quarter earnings at the end of July… Qualcomm said at this week’s “Automotive Business Investor Day” “The significant improvement in future performance is mainly due to the choice of “Snapdragon Digital Chassis” products by automakers and their suppliers. The Snapdragon digital chassis provides assisted driving and autonomous driving technologies, as well as in-vehicle infotainment services and connected car services.
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