Qualcomm has reported a new milestone for Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, while also providing some insight into the kinds of resources the SoC maker is putting towards the Internet of Things (IoT).
The company revealed at its Internet of Things (IoT) industry analyst workshop that the company is currently shipping more than 1 million chips per day for the IoT (based on shipments from the last four fiscal quarters). The main focus of Qualcomm’s latest announcement is that the company now has its technology in approximately 1.5 billion IoT devices around the world. With the IoT’s impact on the world economy currently estimated to hit around $11 trillion by 2025, Qualcomm appears to be positioning itself to maintain a lead in that area of technology, just as it has with its Snapdragon processors in the Android Smartphone market.
The company uses its technical expertise to design platforms that help customers commercialize IoT products quickly and cost-effectively in areas including wearables, voice and music, connected cameras, robotics and drones, home control and automation, home entertainment, and commercial and industrial IoT. More than 25 production-ready reference design platforms are available through a network of original design manufacturers (ODMs) for products including voice-enabled home assistants, connected cameras, drones, VR headsets, lighting, appliances and smart hubs/gateways. Furthermore Qualcomm plans to leverage its wide diversity of products – which range from mobile to Wi-Fi and Bluetooth SoCs – and their associated comprehensive APIs.
“We are focused on significantly expanding capabilities at the edge of the network by supporting everyday objects with the connectivity, compute and security technologies required to build a powerful internet of things, where devices are smart, convenient, work well together and incorporate advanced security features,” said Qualcomm’s senior vice president for product management, IoT, Raj Talluri in a statement released by Qualcomm. The technologies Qualcomm is currently focused on are, for the time being, at the very heart of the IoT tech revolution. This latest milestone is just one more step towards that goal.