Mobile chipmaker Qualcomm eyes connected cars, AI apps to boost India revenue

New Delhi: Qualcomm expects to generate significant revenue from India selling semiconductors for connected cars, artificial intelligence (AI) interfaces, and 5G connectivity, Savi Soin, senior vice-president and president-India at the US-based fabless chipmaker, said.

“The revenue from automotive clients in India is currently small, but we see a lot of potential. Currently, less than 5% of two-wheelers in India are connected. Going forward, applications such as location-based tolling and others are going to make the presence of more chips and modems essential in vehicles—which is what we’ll tap,” Soin said.