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.
