US EUROPE AFRICA ASIA 中文
    Business / Technology

    Qualcomm JV to focus on drones and robots

    By Gao Yuan and Tan Yingzi (China Daily) Updated: 2016-03-01 08:49

    Qualcomm JV to focus on drones and robots

    A Qualcomm sign is pictured in front of one of its many buildings in San Diego, California November 5, 2014. [Photo/Agencies]

    Thundercomm will have access to intellectual patents from US chip giant

    Qualcomm Inc on Monday set up a joint venture with a Chinese tech firm to develop technologies used in drones, virtual reality goggles and other "smart devices" that the US chip giant believes will be the next big thing after the smartphone boom.

    The new JV, named Thundercomm, will provide products and technologies for local firms which are building the next-generation drones, robots, VR devices and wearables, according to a statement from Qualcomm and its Chinese partner Thunder Software Technology Co Ltd, or Thundersoft.

    The registered capital of Thundercomm was 18.74 million yuan ($2.8 million) and the Beijing-based Thundersoft will control nearly 82 percent of the JV, according to a statement from Thundersoft. An investment subsidiary of Qualcomm took the rest of the new company's stake.

    The JV will be located at the Fairy Peach Data Valley in Yubei District, southwest China's Chongqing municipality. The inland mega city has become one of the world's largest manufacturing bases of the smart devices in recent years.

    Zhang Shutao, general manager of Thundercomm, said the JV will get to use intellectual patents from Qualcomm.

    "We will have a lot opportunities to work with Qualcomm in IP, ... the JV will find ways to help customers get access to Qualcomm's IPs," Zhang said.

    Frank Meng, chairman of Qualcomm China, told China Daily in an exclusive interview earlier this month Chinese startups are set to lead the world in innovation in an array of emerging sectors.

    Chinese tech firms are making technological breakthroughs instead of waiting for ideas imported from overseas companies, said Meng.

    "Local vendors are coming up with gigantic amount of ideas that suit requirements of Chinese customers. Qualcomm wants to be a part of this new trend that will unlock another trillion-yuan market," said the 56-year-old.

    Ma Longwen, an analyst from Changjiang Securities Co, said the new JV will give an edge to Thundersoft in many areas, including drone making, smart automobile and VR.

    "It requires a large number of high-end chips to make a drone, as global orders for drones reaching the highest level on record, the JV is facing a huge market demand because it is endorsed by Qualcomm technologies," according to Ma.

    While sectors such as VR and operating system used in automobiles are not big today, they are set to receive huge user base like smartphones did, he added.

    The establishment of Thundercomm was also the first major China investment from Qualcomm since it set up a Guizhou-registered firm to manage investments on the Chinese mainland in January.

    Qualcomm is moving its investment focus to inland provinces to echo a number of national strategies aimed to boost economy in the less-developed regions taking advantage of the Internet and new technologies.

    Hot Topics

    Editor's Picks
    ...
    HEYZO无码综合国产精品227| 无码人妻精品中文字幕免费| 无码中文人妻视频2019| 久久久久久国产精品无码超碰| 亚洲欧洲中文日韩久久AV乱码| 日韩电影免费在线观看中文字幕| 国产成人A亚洲精V品无码| 亚洲中文久久精品无码| 2021国产毛片无码视频| 亚洲中久无码永久在线观看同 | 亚洲色中文字幕无码AV| 久久亚洲精精品中文字幕| 免费无码午夜福利片69| 无码精品日韩中文字幕| 野花在线无码视频在线播放| 中文字幕亚洲综合久久| 中文字幕久久波多野结衣av| 亚洲?V无码乱码国产精品| 国产午夜无码精品免费看| 亚洲av永久无码精品秋霞电影影院| 中文字幕精品久久久久人妻| 无码人妻精品中文字幕| 中文字幕人妻色偷偷久久| 伊人久久一区二区三区无码| 国产精品 中文字幕 亚洲 欧美 | 手机永久无码国产AV毛片| 国产成人无码一区二区在线观看| 日本中文字幕网站| 中文字幕在线观看亚洲| 99高清中文字幕在线| 亚洲AV中文无码字幕色三| 久久午夜无码鲁丝片午夜精品| 日韩免费无码视频一区二区三区| 无码囯产精品一区二区免费| 亚洲精品午夜无码电影网| 亚洲VA中文字幕无码毛片| 久久精品中文无码资源站| 亚洲无码在线播放| 亚洲va无码专区国产乱码| 人妻无码一区二区不卡无码av| 久久人妻少妇嫩草AV无码专区|