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).
After the 2021 boom, IPO activity slowed down significantly, in part due to monetary policy – but things are getting moving again with tech-friendly companies like Iboutta and Rubrik making a public debut.
With an increasing demand for mental health services, one person wanted to change the therapy game. In 2017, CEO Alex Katz founded Two Chairs, a company that uses technology to match patients with the right therapist.
Not only is April Financial Literacy Month, it’s also the kickoff of the spring homebuying season. So now is the time to make sure you have a financial plan in place – and why it might not be wise for that to include buying your first home.
While the U.S. may slowly be on the path to lowering inflation (and therefore interest rates), Europe has thoroughly trounced America, putting it on the path to lower rates by this summer.
April's release of the monthly Housing Starts and Building Permits reports by the Census Bureau provides crucial insights into the construction activity in the housing market. These reports are an economic indicator, shedding light on the current state of the housing market and its broader economic impact.
Caitlin Clark is heading to the Indiana Fever, the number one draft pick and the highest-scoring college basketball player of all time. And while she may not be getting millions from the WNBA, there's a few ways she'll net compensation for her generational talents.
Author of 'Clean Meat,' Paul Shapiro joins Cheddar to discuss how the cellular agricultural revolution helps lower rates of foodborne illness and greatly improves environmental sustainability. Plus, how his company The Better Meat Co. is bringing healthier food options to the table.
Recent headlines might make it sound like World War III is imminent, but when it comes to your finances, it's not the time to panic. The market is coming off its longest winning streak since 2011.
You may have noticed fewer new venture capital-backed startups (like Airbnb or Uber) lately. The market slowed to a crawl after 2021, but things are expected to take off again in 2025.
Corporate earnings season is underway, that time when companies share their billions in sales or double-digit profits. But the data shows even companies are struggling with high inflation and interest rates.
