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Benzinga
Benzinga
Business
Anusuya Lahiri

Stellantis, Qualcomm Partner To Power Vehicle Platforms With Snapdragon Digital Chassis Solutions

Stellantis Nasdaq QCOM STLA Apple Foxconn Hon Hai Precision Industry Co Ltd Maserati Qualcomm Inc Stellantis NV
  • Stellantis NV (NYSE:STLA) and Qualcomm Inc (NASDAQ:QCOM) forged a multi-year technology collaboration. The financial terms of the arrangement were not disclosed.
  • The alliance will help Stellantis merge all software domains into High-Performance Computers, leveraging the high-performance, low-power Snapdragon Automotive Platforms across all significant vehicle domains.
  • The companies look to utilize the latest Snapdragon Digital Chassis advancements in vehicles across Stellantis' 14 automotive brands beginning in 2024. 
  • Stellantis will use next-generation Snapdragon Cockpit Platforms to power the in-car communication and infotainment systems for STLA SmartCockpit designed and engineered with Amazon.com Inc (NASDAQ:AMZN) and Apple Inc (NASDAQ:AAPL) supplier Hon Hai Precision Industry Co Ltd (OTC:HNHPF) operating as Foxconn. 
  • The first application will be in the Maserati brand to power the next generation Stellantis infotainment system.
  • Price Action: QCOM shares traded higher by 0.36% at $141.00 in the premarket on the last check Thursday.
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