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Qualcomm and Hyundai Partner to Expand Automotive and IoT Businesses

Qualcomm CFO Akash Palkhiwala projects revenue growth from $8 billion to $22 billion within three years through the new alliance.

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Terms & Concepts
  • IoT (Internet of Things): A network of interconnected devices that communicate and exchange data without human intervention.
  • Qualcomm: A global semiconductor and telecommunications company specializing in wireless technology products and services.
  • Automotive IoT: Integration of Internet of Things technology in vehicles to enable smart features, connectivity, and automation.