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Qualcomm to Acquire Chip Startup Nuvia in $1.4 Billion Deal, Eyes Challenge to Apple, Intel


Qualcomm to Acquire Chip Startup Nuvia in $1.4 Billion Deal, Eyes Challenge to Apple, Intel
Qualcomm says Nuvia s processors would power flagship smartphones, laptops, and infotainment and driver-assistance systems.
By Reuters | Updated: 14 January 2021 10:58 IST
For Qualcomm, using more custom core designs could lower some licensing costs to Arm in the short term
Highlights
Deal is significant because it could lessen Qualcomm s reliance on Arm
Qualcomm s current chips use computing cores licensed directly from Arm
Qualcomm on Wednesday said it will acquire Nuvia, a chip startup founded by Apple veterans, for $1.4 billion (roughly Rs. 10,240 crores), with plans to put the firm s technology into its smartphone, laptop, and automotive processors. ....

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