On November 5, the second international import fair was held in Shanghai. 5G has become an important theme of this exhibition, VR, AR and automatic driving.
Qualcomm is one of the first American companies to confirm its participation in the second fair. Hou Mingjuan, global vice president of Qualcomm, said in an interview that the industry previously believed that 5g business could only be realized in 2020, while the Chinese market has already been realized in 2019. With the joint efforts of Qualcomm and many Chinese partners, 5g business was advanced one year.
According to Hou, Qualcomm's vision is to turn 5g into a universal technology that empowers all walks of life. She believes that 5g will be everywhere like power and engine, which will not only change the mobile industry, but also greatly change people's lives.
Qualcomm invests 20% of its revenue in R & D every year. So far, it has invested more than 58 billion US dollars (about 405.5 billion yuan) in R & D of advanced technologies such as mobile phone chip, Bluetooth, carrier aggregation, automobile communication, automobile assisted driving, voice recognition, etc., serving billions of users all over the world.
For the specific applications of 5G, there are a lot of
Hou pointed out that Qualcomm has been in the Chinese market for more than 20 years, and has established in-depth cooperation with local enterprises to grow together with Chinese enterprises. Qualcomm has set up a number of innovation centers in China, established cooperation with Chongqing, Nanjing, Qingdao, Nanchang and other local governments in different aspects, and established joint innovation centers on automobile, IOT, VR and other themes.
Qualcomm recently announced the establishment of a $200 million 5g ecosystem investment fund to support emerging enterprises in the 5g ecosystem chain. Previously, Qualcomm has also provided $150 million in strategic investment funds and $100 million in artificial intelligence investment funds to Chinese start-ups.