Qualcomm does not need capital or partner to grow, says CEO

by Andrea
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A Qualcomm No more capital or one new partner to grow. The phrase of CEO global company, Cristiano Amonis said in a moment of frantic changes Between AS Processor Manufacturers nos USAespecially in the competitor Intel.

In an interview with CNN, Amon said the capital “was never a problem” for the company’s plans. “THE Qualcomm It is in a transformation process and we have greatly expanded market segments to sectors with high growth rates, “he said.

In two years, he explains, areas that serve Android, vehicles, industrial applications and robots, except Apple, grew 15%. “Our semiconductor business has generated 30% margin, which is among the highest in our history.”

Amon has been asked about the eventual need for capital in view of what happened in recent days with Intel. . The arrival of Nvidia in the shareholders’ board and may, according to experts, indicate a change of game to Intel.

In the interview, Amon also did not show discomfort with the fact that Qualcomm bets on the processor market for consumer equipment such as cell phones, computers or.

The strategy is opposite to the Giants TSMC and Nvidia, which advance in the large and powerful processors used in the cloud.

Recently, Qualcomm announced the entrance to the Comprehension and billionaire market of large processors, for use in data centers. The company takes the first steps to develop chips for this area – and Amon says he is not afraid of competition.

“For any technology company, succeeding today is no guarantee of success tomorrow. When we decide to go on datacers, I said: If we can develop disruptive, innovative and better technology than any other established company, no problem because there will be a market.”

CNN traveled at the invitation of Qualcomm

source

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