QCOM - Qualcomm Continues 5G Push With Four New Startup Investments

Last October, Qualcomm (QCOM) launched the Qualcomm Ventures 5G Ecosystem Fund to invest $200M in companies "developing innovative solutions across the entire 5G value chain." The fund had three key investment areas: innovative 5G uses cases that push the tech beyond smartphones, 5G network transformation, and end-to-end innovative connectivity for enterprises. Earlier this month, Qualcomm reported 5G-driven fiscal Q4 beats and changed its quarterly reporting structure to include more QCT segment metrics to highlight sales for the 5G exposed RF front-end, automotive, and IoT adjacencies. Last week, Qualcomm Ventures announced four new investments for the 5G Ecosystem Fund, though the company didn't disclose the specific funding amounts: Celona develops private mobile networks that make LTE and 5G fully consumable for even smaller enterprises. Qualcomm notes that private 5G networks could become the preferred approach for enterprise wireless connectivity delivery for broad use cases, including critical communications areas like IoT infrastructure

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Qualcomm Continues 5G Push With Four New Startup Investments