Woodside Energy Flags Lower 2026 Production Outlook Despite Strong Q4 Revenue Beat 
Ford and GM Near Financing Deal to Support First Brands Group During Bankruptcy 
Elon Musk Reportedly Eyes June 2026 SpaceX IPO Timed With Planetary Alignment and Birthday 
BYD and Exxon Mobil Strengthen Hybrid Technology Partnership 
Citigroup Faces Lawsuit Over Alleged Sexual Harassment by Top Wealth Executive 
South Korean Won Slides Despite Government Efforts to Stabilize Currency Markets 
U.S. Lawmakers Demand Scrutiny of TikTok-ByteDance Deal Amid National Security Concerns 
U.S. Dollar Starts 2026 Weak as Yen, Euro and Sterling Hold Firm Amid Rate Cut Expectations 
Japanese Business Leaders Urge Government Action as Weak Yen Strains Economy 
Morgan Stanley Flags High Volatility Ahead for Tesla Stock on Robotaxi and AI Updates 
Oil Prices Slide in 2025 as Oversupply and Geopolitical Risks Shape Market Outlook 
Baidu Shares Surge After Official Launch of Advanced Ernie 5.0 AI Model 
Rewardy Wallet Integrates 1inch Swap API to Enable Gasless, Optimized Token Swaps 
California Governor Gavin Newsom Launches Review Into Alleged TikTok Content Suppression After U.S. Ownership Deal 
C3.ai in Merger Talks With Automation Anywhere as AI Software Industry Sees Consolidation 
U.S. Dollar Slides Toward Biggest Annual Loss Since 2017 as 2026 Risks Loom 
Ericsson Plans SEK 25 Billion Shareholder Returns as Margins Improve Despite Flat Network Market 
Qualcomm semiconductor company is partnering with Hyundai Motor Group for an infotainment system that will be installed on the automaker’s future purpose-built vehicles (PBVs). The system will run on the chip maker’s advanced automotive solutions.
According to Korea Joongang Daily, this is the first collaboration between Hyundai Motor and Qualcomm for the infotainment system. PBVs are types of vehicles that can be used for different purposes. Its flexibility allows business owners to use the vehicle for logistics or commercial uses, depending on their requirements.
The San Diego, California-based semiconductor company said on Thursday, Aug. 4, that it will specifically supply its latest creation - the Snapdragon Automotive Cockpit Platforms - for the infotainment system in Hyundai Motor’s PBV models. It said that the same chip will also be used for the vehicle manufacturer’s other brands, such as Kia and Genesis.
Qualcomm said its Snapdragon Automotive Cockpit Platforms are designed to “achieve optimal power consumption while delivering top-level graphics and immersive multimedia and audio experiences.”
“Qualcomm Technologies has been a trusted technology partner in the automotive industry for over 20 years, with leading automakers looking to Qualcomm Technologies for our leadership, innovation and expertise,” Kwon Oh Hyung, Qualcomm’s senior vice president and president of Asia-Pacific (APAC), said in a press release. “We are excited to work with Hyundai Motor Group on PBV to provide digital in-vehicle experiences powered by the Snapdragon Automotive Cockpit platform.”
Meanwhile, Korea Bizwire reported that under the deal between Qualcomm and Hyundai Motor Group, the former’s Snapdragon solutions will be applied to the former’s infotainment system in PBVs to provide a “holistic, seamlessly connected and smart user experience.” The automaker is developing purpose-built vehicles as it seeks to further grow its mobility solutions.
Photo by: Coolcaesar/Wikimedia Commons (CC BY-SA 4.0)
