Blog Exposure – Panasonic, QUALCOMM, and Ford Teamed to Deploy C-V2X Vehicle Communications in Colorado

LONDON, UK / ACCESSWIRE / June 5, 2018 / If you want access to our free research report on QUALCOMM Inc. (NASDAQ: QCOM), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=QCOM as the Company’s latest news hit the wire. On June 01, 2018, the Company announced that its subsidiary, Qualcomm Technologies, has formed a strategic collaboration with Panasonic Corporation of North America and Ford Motor Co. (NYSE: F) to deploy Cellular Vehicle-to-Everything (C-V2X) technologies in Colorado. Register today and get access to over 1,000 Free Research Reports by joining our site below:

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Collaboration is an Extension of a Previous Partnership between CDOT and Panasonic

This is the first US deployment of C-V2X technology and is an extension of a previously announced partnership between the Colorado Department of Transportation (CDOT) and Panasonic to integrate connected vehicle technology in the state of Colorado. Panasonic, Qualcomm Technologies, and Ford have joined the advanced development efforts to help deploy the technology, and to assess C-V2X capabilities on select roadways throughout Panasonic’s CityNOW headquarters in Denver, which will be followed by deployment in select areas along the I-70 Mountain Corridor later in 2018.

Kapsch TrafficCom will Provide Roadside Units and Ficosa will Provide C-V2X Onboard Units

Panasonic will work with Kapsch TrafficCom in CDOT’s V2X development program, in which Kapsch TrafficCom will provide roadside units (RSUs), as well as with Ficosa to provide C-V2X onboard units (OBUs). The transit authority’s existing fleet of Ford utility vehicles will be equipped with C-V2X devices utilizing Ficosa’s CarCom platform to enable vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) direct communications. Panasonic’s connected vehicle data platform will collect and disseminate C-V2X data to provide roadway operators with improved situational awareness.

RoadX is the state of Colorado’s bold vision and commitment to be a national leader in the partnerships and use of innovative technology for crash-free, injury-free, delay-free travel in Colorado. Kapsch TrafficCom is a provider of intelligent transportation systems in the fields of tolling, traffic management, smart urban mobility, traffic safety and security, and connected vehicles.

CDOT is Ready to Help Advance Vehicle Safety with Support of Ford and Technology Leaders like Qualcomm and Panasonic

Michael P. Lewis, Executive Director of CDOT, stated that the state of Colorado has been focused on the rapid deployment of connected vehicle technology to advance safety and are encouraged by the progression of C-V2X. Michael added that CDOT is ready to help advance vehicle safety and serve as a hub for advanced vehicle testing, and development, with the support of Ford and technology leaders like Qualcomm Technologies and Panasonic.

Working with CDOT, Ford, Panasonic, Kapsch TrafficCom and Ficosa Allows Qualcomm in Early Commercialization for C-V2X in a Real-World Setting at Scale

Nakul Duggal, Vice President of Product Management, Qualcomm Technologies, mentioned that Cross-industry collaboration is essential for C-V2X to reach its full potential and fully integrate into cities around the world.

Nakul added that working with the CDOT, Ford, Panasonic, Kapsch TrafficCom, and Ficosa allows the Company to make this step towards early commercialization for C-V2X in a real-world setting at scale and, as a result, support the technology to achieve commercial readiness leveraging the Qualcomm® 9150 C-V2X chipset solution and subsequent products.

About C-V2X

C-V2X technology complements other vehicle sensor technologies, extending a vehicle’s ability to “see” further down the road and providing a higher level of predictability for enhanced safety and autonomous driving. C-V2X is designed to be globally compatible with 5G and complement other Advanced Driver Assistance Systems (ADAS) sensors, such as cameras, radar and Light Detection and Radar (LIDAR). C-V2X direct communication mode is designed to offer vehicles low latency communications for Vehicle-to-Vehicle (V2V), Vehicle-to-Roadside Infrastructure (V2I) and Vehicle-to-Pedestrian (V2P) without the involvement of a cellular network, or cellular network subscription, by operating on designated and harmonized 5.9 GHz ITS spectrum.

About Panasonic Corp. of North America

Based in Newark, New Jersey, Panasonic Corp. of North America is a leading technology partner and integrator to businesses, government agencies, and consumers across the region. The Company is the principal North American subsidiary of Osaka, Japan-based Panasonic Corporation.

About Ford Motor Co.

Ford Motor is a global company that designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.

Ford is based in Dearborn, Michigan and employs around 202,000 people worldwide.

About Qualcomm Inc.

Founded in 1985 and headquartered in San Diego, California, Qualcomm designs, develops, manufactures, and markets digital communication products worldwide. The Company operates through three segments: Qualcomm CDMA Technologies, Qualcomm Technology Licensing, and Qualcomm Strategic Initiatives.

Qualcomm pioneered 3G and 4G, and now, is leading the way to 5G and a new era of intelligent, connected devices.

Stock Performance Snapshot

June 04, 2018 – At Monday’s closing bell, QUALCOMM’s stock was marginally up 0.17%, ending the trading session at $58.71.

Volume traded for the day: 9.63 million shares.

Stock performance in the last month – up 16.70%; and past twelve-month period – up 0.22%

After yesterday’s close, QUALCOMM’s market cap was at $87.01 billion.

The stock has a dividend yield of 4.22%.

The stock is part of the Technology sector, categorized under the Communication Equipment industry. This sector was up 0.9% at the end of the session.

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