Qualcomm to supply BMW and Mercedes with chips for displays, voice features

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U.S. semiconductor company Qualcomm on Tuesday said it will supply chips to power in-car infotainment systems to luxury automakers Mercedes and BMW.

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05 Sep 2023

Qualcomm is the leading supplier of the chips used in smartphones, a market that has slumped over the past year.

But the company is also working with automakers to power various functions in vehicles, from infotainment systems to advanced driver assistance systems, and its automotive revenue grew 13% in its most recent quarter despite its smartphone outlook falling short of analyst estimates.

Qualcomm said in a statement it will supply BMW with chips that will help power voice commands inside the car. It also said it will supply chips for the next version of the Mercedes E class models, which will be available in the U.S. in 2024.

The company expects to have $4 billion in revenue from the automotive sector by 2026, rising to $9 billion by the end of the decade, Chief Executive Cristiano Amon said in an interview on the sidelines of the Munich auto show.

The U.S. chip designer had announced in late