Qualcomm is committed to building new relationships in China

Cristiano Amon, CEO of Qualcomm Inc. [Photo provided to chinadaily.com.cn]

Cristiano Amon, President and CEO of Qualcomm Inc, said the US semiconductor company is committed to building new partnerships in China based on its nearly three-decade history in the country.

Amon was speaking at a forum at the China Development Forum Economic Summit in Beijing on Saturday.

Amon said, “Qualcomm has a long history in China, spanning nearly three decades. We are proud of the deep relationships we have built over the past 30 years and the new partnerships we are building today.”

According to him, by providing technologies and semiconductors for wireless communications, advanced and energy-efficient computing, and advanced artificial intelligence, Qualcomm has worked closely with companies from all industries and around the world – including China – to innovate and advance the development of society , and drive economic growth.

“One of the most important trends in recent years is digital transformation. It has quickly become a strategic imperative for sustained growth and innovation to achieve greater operational efficiencies, increase productivity and enable new business models and revenue streams – even in the current macroeconomic climate,” said Amon.

The rapid rise of digital transformation has made it a powerful engine for economic growth. The World Economic Forum estimates that more than 60 percent of global GDP will depend on digital technologies in 2022.

“This transformation requires everyone and everything to be intelligently connected. That means ultra-fast and reliable 100 percent connectivity to the cloud and embedded processing and AI across a range of devices and the proliferation of digital twins. ‘ Amon added.

According to him, 5G will enable AI to scale, allowing context-rich data to be shared from the edge to other devices and the cloud.

“Processing AI on the device — or edge AI — is necessary for latency-sensitive applications, improved reliability, more efficient use of network and cloud resources, and storing sensitive data on the device,” said Amon.

As these technologies scale at the edge, they will impact virtually every industry, including the automotive industry.

“Automakers in China quickly embraced this vision. The pace of the transition to digital technology matches the rapid transition to electric vehicles. They are now among the global leaders in the development of connected, intelligent and efficient vehicles,” added Amon.

The senior executive highlighted China’s recent plan for the overall layout of the country’s digital development, which aims to accelerate the construction of digital China.

“We remain committed to providing our partners in mobile, personal computing, automotive, edge networking… and the broader Internet of Things with the most comprehensive and advanced solutions to enable a thriving digital economy,” said Amon.