QCOM Focuses More on Automotive Business: Is it a Key Growth Driver?
Key Takeaways QCOM's Snapdragon Digital Chassis is gaining traction in smart cockpits and connected vehicle tech. The Veoneer buyout expands QCOM's ADAS portfolio with Arriver's vision and drive policy technologies. QCOM stock trades at 13.45x forward earnings, well below the industry average of 33.17x.Qualcomm Incorporated’s (QCOM) Snapdragon Digital Chassis platform is increasingly gaining traction among automotive customers. Recently, Silicon Motion Technology Corporation (SIMO) completed the compatibi ...