CONTENT: Press Release
SAN DIEGO, February 2, 2020 /3BL Media/ - Qualcomm Incorporated released its 2020 Corporate Responsibility Report today, reporting on the Company’s environmental, social and governance (ESG) performance in 2020. The report notes the Company has met or exceeded its 2020 goals and unveils 2025 Corporate Responsibility targets which will serve to help drive progress towards the Company’s 2030 vision and continue to advance in key ESG areas, including: diversity and inclusion; purposeful innovation; STEM education; supply chain management, greenhouse gas emissions reduction; and product power efficiency.
“We have had many successes over the last year despite the unforeseen challenges of 2020. As we continue to work toward our 2030 Vision, I am proud to report we successfully met or exceeded our 2020 corporate responsibility goals,” said Steve Mollenkopf, Chief Executive Officer, Qualcomm Incorporated. “As we look forward, we have established 2025 qu
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Qualcomm Technologies, Inc, a subsidiary of Qualcomm Incorporated has entered into a definitive agreement to acquire high-performance computing startup Nuvia.Qualcomm will acquire Nuvia for approximat
Reuters
Nuvia chips will be incorporated across Qualcomm s products including smartphones and next-generation laptops.
Qualcomm Technologies has announced it will acquire Nuvia, a two-year-old chip startup company established by former Apple executives, for $1.4 billion.
The California-based chipmaker said Wednesday it plans to use Nuvia s technology in its flagship smartphones, next-generation laptops, auto components and other electronics gear.
The acquisition agreement comes as Qualcomm doubles-down on chip performance and consumer demand grows for more powerful mobile computing with the rollout of the faster and more reliable 5G wireless networks.
It also comes during a period of change at Qualcomm. Earlier this month, the company announced Steve Mollenkopf was retiring as CEO and will be replaced by current President Cristiano Amon. Mollenkopf has worked for the chip-making giant for 26 years, and became CEO in 2014.
A startup founded by ex-Apple employees will be acquired by Qualcomm for $1.4 billion fkhaled@businessinsider.com (Fatma Khaled)
Qualcomm will pay $1.4 billion for the two-year-old startup, Nuvia.
Nuvia chips will be incorporated across Qualcomm s products including smartphones and next-generation laptops.
Qualcomm Technologies has announced it will acquire Nuvia, a two-year-old chip startup company established by former Apple executives, for $1.4 billion.
The California-based chipmaker said Wednesday it plans to use Nuvia s technology in its flagship smartphones, next-generation laptops, auto components and other electronics gear.
The acquisition agreement comes as Qualcomm doubles-down on chip performance and consumer demand grows for more powerful mobile computing with the rollout of the faster and more reliable 5G wireless networks.