|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||7.55 - 7.69|
|52-week range||6.26 - 9.84|
|Beta (5Y monthly)||2.06|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||28 Apr 2020|
|1y target est||N/A|
Qualcomm's (QCOM) deals with leading car manufacturers to supply automotive chips are likely to sow the seeds for digitizing their product lines.
Qualcomm Corp on Tuesday announced deals to supply chips to automakers Volvo Group, Honda Motor Co Ltd and Renault SA, accelerating its push to partner with legacy automotive firms digitizing their product lines. The San Diego, California, company once known for its mobile phone chips has created a range of automotive offerings, from self-driving car brains to chips that operate digital dashboards and infotainment systems. At the Consumer Electronics Show in Las Vegas, Qualcomm said it has reached a deal with Geely Holding-backed brands Volvo and Polestar to use Qualcomm's "Snapdragon Cockpit" chips and an operating system from Alphabet Inc's Google in vehicles starting later this year.
PARIS (Reuters) -Renault on Wednesday confirmed a report that its joint venture with Chinese carmaker Brilliance Auto Group had run out of cash and is heading for a restructuring. "In light of (the JV's) inability to meet its current financial obligations, the company’s board of directors has resolved to initiate a restructuring process," a spokesperson said. A source in September told Reuters Renault was in discussions to end its joint venture to build vans with the state-backed Chinese company.