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Qualcomm acquires RF360, hires staff to scale 5G

September 17, 2019


On Monday, U.S. chip manufacturer Qualcomm announced that it is acquiring the remaining interest in RF360, bringing the total purchase price of the company to $3.1 billion. RF360 began as a joint venture between Qualcomm and Tokyo-based electronics giant TDK corporation, and the acquisition, according to the chip manufacturer, will aid in the push to scale 5G.

“The next goal, which I think will start in 2020, is to scale 5G,” said Cristiano Amon, president of Qualcomm in an interview. The company is looking to bring 5G to its 7 and 6 series Snapdragon mobile processors instead of just its premium tier.

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