With Intel closing the deal to buy chipmaker Altera for $16.7 billion, biggest acquisition in Intel’s 47 year history, rival semiconductor company Qualcomm appears undeterred and would not be joining the recent wave of acquisitions aimed at consolidating the semiconductor industry.
The company would instead invest in smaller technology companies that offer cutting-edge innovations in the field of chip design.
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The California-based company has no intentions of getting into fabrication business in a major way, company’s Chairman Paul Jacobs told the Boston’s NPR Station.
Qualcomm has announced advancements in MU-MIMO technology (multi-user multiple input/multiple output). The company has pioneered MU-MIMO technology, promising enhanced Wi-Fi speed, faster data transfer, as well as enabling simultaneous data transfer to multiple users and multiple devices.
Semiconductor giant’s recent tie-up with Chinese chipmaker Allwinner is expected to bring down the prices of its mobile chips. The company is looking into new areas to expand the application of its chips, making investments is medical devices and diagnostic technologies.
Qualcomm is also partnering with Google to design Project Tango devices. Project Tango series of devices incorporates Augmented Reality, and are designed to capture and process 3-D visual data from the surroundings. The products in Project Tango series are aimed at developers, rather than regular customers. Project Tango smartphone powered by Qualcomm’s Snapdragon 810 processor is expected to hit the market as early as this year.
