Qualcomm Spends $30 Billion to Acquire Autonomous Driving Company


liu, tempo Date: 2021-09-03 11:31:50 From:ozmca.com
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Qualcomm has announced plans to acquire Swedish automotive parts supplier Vininger for $4.6 billion. The latter’s main products include autonomous driving domain controllers, active and passive safety systems and autonomous driving sensors.

 

Prior to that, Canadian automotive supplier Magna had announced on July 22 that it intended to acquire Vininger at a price of $3.8 billion, and both sides said at the time that the boards of directors of both companies had approved the acquisition. But now the situation has suddeQualcomm Spends $30 Billion to Acquire Autonomous Driving Company

 

Qualcomm has announced plans to acquire Swedish automotive parts supplier Vininger for $4.6 billion. The latter’s main products include autonomous driving domain controllers, active and passive safety systems and autonomous driving sensors.

 

Prior to that, Canadian automotive supplier Magna had announced on July 22 that it intended to acquire Vininger at a price of $3.8 billion, and both sides said at the time that the boards of directors of both companies had approved the acquisition. But now the situation has suddenly reversed, halfway through the Qualcomm will be a full $800 million higher than Magna’s price to complete the bid.

 

Obviously, Qualcomm’s offer will bring higher value for Vinyl’s shareholders, as well as greater certainty of the deal, while Qualcomm and Magna’s competition also made a huge contribution to pulling Vinyl’s share price. It is reported that on August 5, local time, the closing price of Venninger rose 28.5% to $40.15.

 

Qualcomm and Vininger have long cooperated

 

For this acquisition, Qualcomm President and CEO Amon (Cristiano Amon) said, as the transformation of the automotive industry is gradually deepening, have a horizontal platform to develop, promote innovation and promote the competition of partners for automakers is increasingly important, this acquisition can Qualcomm’s industry-leading automotive solutions and Vininger’s driver assistance business combined to provide automakers and Tier1 with a competitive open advanced driver assistance system (ADAS) platform.

 

In a letter to the Vinyl Board of Directors, Ammon stated that the Vinyl Arrive sensor sensing and driving decision software platform is Qualcomm’s main “interest” in this acquisition. Interestingly, Arrive and Qualcomm already have close ties.

 

Vininger and Qualcomm Technologies communicated their intent to work together as early as August 27, 2020, and signed an agreement on January 26, 2021, to collaborate on the delivery of scalable Advanced Driver Assistance Systems (ADAS), collaborative autonomous driving (AD) solutions.

 

Specifically, Vininger addresses the growing need for sustainable scalability and sustainable upgrades in the automotive ecosystem by integrating next-generation vision perception and driving strategy software, known as Arrive, into Qualcomm Snapdragon Ride’s ADAS/AD system-on-chip, providing advanced cloud access and data access capabilities while building on a robust hardware platform with high computing power and low power consumption.

 

However, based on this partnership, the Arrive software brand belongs entirely to Vininger, and although it will operate under a specific information processing protocol and reporting structure, Qualcomm is still unable to intervene in the software part, which is perhaps the main reason why Qualcomm chose to acquire it.

 

Qualcomm accelerates the layout of autonomous driving

 

With the accelerated arrival of the AIoT era, smart cars are seen as the second largest intelligent mobile device after smartphones. As an important part of the intelligent life scene, the car contains a series of “hot” segments such as C-V2X, intelligent cockpit, assisted driving and autonomous driving. Among them, the autonomous driving chip and intelligent cockpit chip is the core part of the car intelligence, to enhance the computing power while still maintaining low power consumption, so as to meet the large amount of data high-speed computing, but also to reduce power consumption to achieve a better range of electric vehicles.

 

There is no doubt that Qualcomm chips in the smartphone market has an unshakeable leadership position, so much so that people often overlook its decades-long work in the automotive field. As early as the beginning of the 21st century, Qualcomm has entered the automotive industry. At present, more than 150 million vehicles worldwide have adopted Qualcomm’s automotive technology.

 

In the accelerated promotion of intelligent networked vehicles, Qualcomm has launched a number of types of chip products for the automotive industry, such as intelligent cockpit, autonomous driving, communications. According to the data released by Car Stuff, 17 brands and at least 23 models have been equipped with Qualcomm’s car chips.

 

In the field of intelligent cockpit, Qualcomm has established cooperation with the world’s major OEMs, and become partners with Bosch, Continental, Denso and other Tier1 manufacturers. The Snapdragon 8155 chip is Qualcomm’s third generation cockpit chip, which adopts 5nm process, supports 5G communication and has 3.6 million times/sec computing power, and has small size, large bandwidth, low power consumption and strong performance compared with Qualcomm 820 chip.

 

Autonomous Driving Company

 

In the field of autonomous driving, Qualcomm launched Snapdragon Ride, an autonomous driving solution, in January last year and announced in January this year that it has further enriched its portfolio of scalable Snapdragon Ride platforms to design a new safety-grade SoC for ASIL-D (Automotive Safety Integrity Level D) systems, making it the leading scalable and customisable ADAS platform for the automotive industry. The Snapdragon platform is designed for ASIL-D (Automotive Safety Integrity Level D) systems. Snapdragon Ride is expected to be commercially deployed in 2022.

 

According to Qualcomm, Snapdragon Ride uses a highly customisable SoC platform based on the 5nm process, with flexible scalability. With the addition of a new safety-grade SoC designed for ASIL-D systems, the Snapdragon Ride platform can support multiple layers of ADAS (Advanced Driver Assistance System)/AD (autonomous driving) functions. From NCAP ADAS solutions installed in the windshield of a car (L1 level), to active safety supporting conditional autonomous driving (L2/L2+ level), to fully automated driving systems (L4 level), we have a comprehensive coverage of the autonomous driving field.

 

In the field of communications, as early as September 2017, Qualcomm released the world’s first commercial C-V2X solution based on the 3GPP R14 specification for PC5 direct communications, the Qualcomm 9150 C-V2X chipset. Since then, Qualcomm has also launched the Snapdragon Automotive 5G platform in January 2019, which is the automotive industry’s first announced automotive-grade 5G dual SIM and dual pass platform with comprehensive and industry-leading 5G connectivity, enabling dual SIM and dual pass, precise positioning for lane level navigation, multi-gigabit cloud connectivity and vehicle-to-vehicle communication for safety.

 

In terms of industrial applications, both MobileTech and Broadcom have launched automotive-grade modules based on Qualcomm’s Snapdragon automotive 5G platform.

 

MobileTech has launched AG55xQ series of automotive grade modules supporting 5G+C-V2X technology, and has passed the three major certifications of CCC, SRRC and NAL in China. The AG551Q-CN module, which supports 5G only, will be the first 5G mass production project based on Qualcomm Snapdragon automotive 5G platform by the end of 2020.

 

The AG550Q is also equipped with Qualcomm’s Snapdragon automotive 5G platform, and has been applied to the HiPhi X, the first mass-produced evolvable supercar SUV from China Unicom, enabling optimized high-precision positioning with a comprehensive 3D navigation solution and assisting its L3 autonomous driving assistance function.

 

The 5G automotive-grade module AN958-AE developed by GWT based on Qualcomm’s automotive-grade 5G platform also received three certificates in March this year, successfully passing the CCC (China Compulsory Product Certification), SRRC (Radio Type Approval) and NAL (Network Access License for Telecommunications Equipment) certifications.

 

With the popularization of intelligent networked vehicles, automobiles have gradually evolved from traditional mechanical products to electronic products with intelligent technologies such as communication, perception and automatic control, and the ensuing demand for semiconductors in the industry has risen significantly. Smart cars in perception accuracy, control accuracy and response speed and other aspects of the stringent standards, but also on the sensor, processor, controller and other underlying equipment put forward higher requirements.

 

Qualcomm has been fruitful in the field of mobile communications, and the automotive market has become a “seed player” in the AIoT industry for many years, and the huge development space behind it has attracted players of different levels of “end-edge cloud”, while the overall market continues to rise will undoubtedly propel Qualcomm automotive chips to a higher level.nly reversed, halfway through the Qualcomm will be a full $800 million higher than Magna’s price to complete the bid.

 

Obviously, Qualcomm’s offer will bring higher value for Vinyl’s shareholders, as well as greater certainty of the deal, while Qualcomm and Magna’s competition also made a huge contribution to pulling Vinyl’s share price. It is reported that on August 5, local time, the closing price of Venninger rose 28.5% to $40.15.

 

Qualcomm and Vininger have long cooperated

 

For this acquisition, Qualcomm President and CEO Amon (Cristiano Amon) said, as the transformation of the automotive industry is gradually deepening, have a horizontal platform to develop, promote innovation and promote the competition of partners for automakers is increasingly important, this acquisition can Qualcomm’s industry-leading automotive solutions and Vininger’s driver assistance business combined to provide automakers and Tier1 with a competitive open advanced driver assistance system (ADAS) platform.

 

In a letter to the Vinyl Board of Directors, Ammon stated that the Vinyl Arrive sensor sensing and driving decision software platform is Qualcomm’s main “interest” in this acquisition. Interestingly, Arrive and Qualcomm already have close ties.

 

Vininger and Qualcomm Technologies communicated their intent to work together as early as August 27, 2020, and signed an agreement on January 26, 2021, to collaborate on the delivery of scalable Advanced Driver Assistance Systems (ADAS), collaborative autonomous driving (AD) solutions.

 

Specifically, Vininger addresses the growing need for sustainable scalability and sustainable upgrades in the automotive ecosystem by integrating next-generation vision perception and driving strategy software, known as Arrive, into Qualcomm Snapdragon Ride’s ADAS/AD system-on-chip, providing advanced cloud access and data access capabilities while building on a robust hardware platform with high computing power and low power consumption.

 

However, based on this partnership, the Arrive software brand belongs entirely to Vininger, and although it will operate under a specific information processing protocol and reporting structure, Qualcomm is still unable to intervene in the software part, which is perhaps the main reason why Qualcomm chose to acquire it.

 

Qualcomm accelerates the layout of autonomous driving

 

With the accelerated arrival of the AIoT era, smart cars are seen as the second largest intelligent mobile device after smartphones. As an important part of the intelligent life scene, the car contains a series of “hot” segments such as C-V2X, intelligent cockpit, assisted driving and autonomous driving. Among them, the autonomous driving chip and intelligent cockpit chip is the core part of the car intelligence, to enhance the computing power while still maintaining low power consumption, so as to meet the large amount of data high-speed computing, but also to reduce power consumption to achieve a better range of electric vehicles.

 

There is no doubt that Qualcomm chips in the smartphone market has an unshakeable leadership position, so much so that people often overlook its decades-long work in the automotive field. As early as the beginning of the 21st century, Qualcomm has entered the automotive industry. At present, more than 150 million vehicles worldwide have adopted Qualcomm’s automotive technology.

 

In the accelerated promotion of intelligent networked vehicles, Qualcomm has launched a number of types of chip products for the automotive industry, such as intelligent cockpit, autonomous driving, communications. According to the data released by Car Stuff, 17 brands and at least 23 models have been equipped with Qualcomm’s car chips.

 

In the field of intelligent cockpit, Qualcomm has established cooperation with the world’s major OEMs, and become partners with Bosch, Continental, Denso and other Tier1 manufacturers. The Snapdragon 8155 chip is Qualcomm’s third generation cockpit chip, which adopts 5nm process, supports 5G communication and has 3.6 million times/sec computing power, and has small size, large bandwidth, low power consumption and strong performance compared with Qualcomm 820 chip.

 

In the field of autonomous driving, Qualcomm launched Snapdragon Ride, an autonomous driving solution, in January last year and announced in January this year that it has further enriched its portfolio of scalable Snapdragon Ride platforms to design a new safety-grade SoC for ASIL-D (Automotive Safety Integrity Level D) systems, making it the leading scalable and customisable ADAS platform for the automotive industry. The Snapdragon platform is designed for ASIL-D (Automotive Safety Integrity Level D) systems. Snapdragon Ride is expected to be commercially deployed in 2022.

 

According to Qualcomm, Snapdragon Ride uses a highly customisable SoC platform based on the 5nm process, with flexible scalability. With the addition of a new safety-grade SoC designed for ASIL-D systems, the Snapdragon Ride platform can support multiple layers of ADAS (Advanced Driver Assistance System)/AD (autonomous driving) functions. From NCAP ADAS solutions installed in the windshield of a car (L1 level), to active safety supporting conditional autonomous driving (L2/L2+ level), to fully automated driving systems (L4 level), we have a comprehensive coverage of the autonomous driving field.

 

In the field of communications, as early as September 2017, Qualcomm released the world’s first commercial C-V2X solution based on the 3GPP R14 specification for PC5 direct communications, the Qualcomm 9150 C-V2X chipset. Since then, Qualcomm has also launched the Snapdragon Automotive 5G platform in January 2019, which is the automotive industry’s first announced automotive-grade 5G dual SIM and dual pass platform with comprehensive and industry-leading 5G connectivity, enabling dual SIM and dual pass, precise positioning for lane level navigation, multi-gigabit cloud connectivity and vehicle-to-vehicle communication for safety.

 

In terms of industrial applications, both MobileTech and Broadcom have launched automotive-grade modules based on Qualcomm’s Snapdragon automotive 5G platform.

 

MobileTech has launched AG55xQ series of automotive grade modules supporting 5G+C-V2X technology, and has passed the three major certifications of CCC, SRRC and NAL in China. The AG551Q-CN module, which supports 5G only, will be the first 5G mass production project based on Qualcomm Snapdragon automotive 5G platform by the end of 2020.

 

The AG550Q is also equipped with Qualcomm’s Snapdragon automotive 5G platform, and has been applied to the HiPhi X, the first mass-produced evolvable supercar SUV from China Unicom, enabling optimized high-precision positioning with a comprehensive 3D navigation solution and assisting its L3 autonomous driving assistance function.

 

The 5G automotive-grade module AN958-AE developed by GWT based on Qualcomm’s automotive-grade 5G platform also received three certificates in March this year, successfully passing the CCC (China Compulsory Product Certification), SRRC (Radio Type Approval) and NAL (Network Access License for Telecommunications Equipment) certifications.

 

With the popularization of intelligent networked vehicles, automobiles have gradually evolved from traditional mechanical products to electronic products with intelligent technologies such as communication, perception and automatic control, and the ensuing demand for semiconductors in the industry has risen significantly. Smart cars in perception accuracy, control accuracy and response speed and other aspects of the stringent standards, but also on the sensor, processor, controller and other underlying equipment put forward higher requirements.

 

Qualcomm has been fruitful in the field of mobile communications, and the automotive market has become a “seed player” in the AIoT industry for many years, and the huge development space behind it has attracted players of different levels of “end-edge cloud”, while the overall market continues to rise will undoubtedly propel Qualcomm automotive chips to a higher level.

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