Qualcomm President: The 5G Future Is Coming and It's 'Top Priority'
*By Carlo Versano*
Qualcomm's presence at this year's CES was notable for some new innovations beyond its mobile sweet spot ー an automotive "digital cockpit platform" that brings premium on-board tech to even entry-priced cars, for oneー but as president Cristiano Amon told Cheddar's Hope King: The future is all about 5G.
"The number one priority in the company right now is this transition to 5G," he said.
The move to 5G wireless technology has been the buzz of the mobile industry for the past year, but it's about to finally go mainstream, according to Amon. More than 30 Android devices launching in 2019 will be 5G capable, just as coverage spreads to major cities. He expects consumers to start feeling the full benefit of 5G just in time for Black Friday and holiday shopping season.
The push for 5G supremacy in the U.S. has led to some marketing sleight-of-hand from the carriers, but the smartphone market is too mature for that now, Amon said. "They expect real 5G, with the performance, on at least 10x improvement or more."
That maturity is especially evident in the Chinese market, Amon said, where premium-tier phone upgrades are offsetting the pain from tariffs. Qualcomm remains locked in a legal battle with Apple ($APPL), which it has accused of stealing tech secrets.
"One way or another," that will get resolved, he said.
In the meantime, "China is excited about 5G and we're excited about China."
For full interview [click here](https://cheddar.com/videos/qualcomms-cristiano-amon-showcases-a-i-equipped-car-cockpit).
Sports Illustrated's employee union said in a statement that the layoffs would be a significant number and possibly all, of the NewsGuild workers represented.
CEO and founder of Pinstripes Dale Schwartz shares his thoughts on taking the company public, why they're set for growth this year, and why he's not concerned about inflation weighing on the restaurant sector.
With hype continuing to build for A.I. projects, expert insight on what companies seem poised to benefit, plus how it will impact the lives of everyday consumers.
Ford says it’s reducing production of the F-150 Lightning electric pickup vehicle as it adjusts to weaker-than-expected electric vehicle sales growth. The automaker said about 1,400 workers will be impacted by the move.
Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.
Despite concerns about shipping delays in the Red Sea, RSM Chief Economist Joe Brusuelas says there are still reasons to be optimistic about the state of the U.S. economy.
Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities dives deeper into a report by the International Data Corporation (IDC) that Apple has ended Samsung's 12-year reign as the world's largest smartphone seller.
